China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs)

Hussain, Ejaz; Rao, Muhammad Furqan

doi:10.1007/s40647-020-00292-5

Cited by 22 publications

(11 citation statements)

References 3 publications

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“…As “CPEC is a crucial and mutually beneficial venture that fulfills the objectives and interests of both the countries, and is also expected to enhance financial and economic cooperation between various regional actors for common development” (Butt & Butt, 2015, p. 24). Mutually beneficial adventure in the sense that China is constructing and running several special economic zones where Pakistan finds an opportunity to capitalize on the Chinese experiences involving investment, human resources and technology in establishing China-led industrial parks (Hussain & Rao, 2020). This project may help to eliminate poverty in Pakistan.…”

Section: Literature Reviewmentioning

confidence: 99%

Topic Modeling of the Pakistani Economy in English Newspapers via Latent Dirichlet Allocation (LDA)

2022

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This research paper explores aspects of the Pakistani economy using the Latent Dirichlet Allocation (LDA) technique. The data based on 3,000 articles were collected from two Pakistani English newspapers, Dawn and The News, (2015–2020), through Lexis Nexis database. The headlines of the news articles relevant to Pakistan’s economy, were taken into account. By employing the data-driven approach of the grounded theory, it is found that changes in policies, security preference, textile industry, the shift of energy, inflation, growth and investment, mega projects, sustainable democracy and poverty control need to be focused to overcome the challenges of Pakistan’s economy. It also reveals that mega projects like the China Pakistan Economic Corridor (CPEC) are called to boost Pakistan’s economy. The results show that smooth trading would help reduce poverty in the country.

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Section: Literature Reviewmentioning

confidence: 99%

Topic Modeling of the Pakistani Economy in English Newspapers via Latent Dirichlet Allocation (LDA)

2022

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“…The conventional view suggests that political conflict between countries is often accompanied by the imposition of partial or total trade embargoes on the exchange of goods. Conflict may also reduce trade flows by raising the costs for private agents to engage in international business [ 2 , 26 , 28 , 63 , 64 ]. Pollins [ 53 ] constructed a theoretical model of trade flows which reveals that a reduction in political conflict increases trade between countries.…”

Section: Literature Reviewmentioning

confidence: 99%

Trade Dependence, Uncertainty Expectations, and Sino–U.S. Political Relations

Song

Chen

Hou

2022

J OF CHIN POLIT SCI

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This study applies a time-varying parameter/stochastic volatility vector autoregression (TVP-SV-VAR) model to explore the time-varying property of the link between Sino-US political relations and trade. The results indicate that the association of these two variables appears to be unstable. Sino-US political relations have positive and negative impacts on their bilateral trade, and the impact on Chinese imports is stronger than on its exports. In turn, Chinese imports from the US lead to political conflict, while Chinese exports promote peace. The interaction mechanism may originate from the expectations of the future trade environment caused by trade policy uncertainty. The interactions between Sino-US political relations and bilateral trade at different time points are also investigated. The results demonstrate that the link between these two variables is slightly different, depending on the specific status of the bilateral political relationship (friendly, neutral or hostile). Both China and the US should seek common interests to maintain a stable political relationship, and even with an increasing volume of bilateral trade, the risk of political conflicts should not be neglected.

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“…Pakistan economic growth rate was very slow in 2008-2009 which was only 0.4% and in 2014-2015 was only 4.24%. (Hussain, E and Rao, F 2020).But due to struggles and with…”

Section: Economic Stabilitymentioning

confidence: 99%

China Pakistan Economic Corridor: Strategic Significance for China and Pakistan

Naz

Parveen

2022

JHEDS

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The China-Pakistan Economic Corridor (CPEC) is the part of the People’s Republic of China vision Belt and Road initiative. It is a collection of infrastructure, energy, and technology projects which is currently being constructed throughout in the Islamic Republic of Pakistan and the western Xinjiang region of China. CPEC is considered as a game changer for Pakistan economy. The corridor will connect Kashaghar in Western China with the port of Gwader in Pakistan on the Arabia Sea, serving as a gateway to the Middle East, Africa, and Central Asia. For the project China give low interest loans to the Pakistani government with the total planned investment of USD 46 billion. Being a mega project for both countries it will bring prosperity and economic stability. It will enhance Pakistan infrastructure (roads, railways and telecommunication), overcome energy crises, develop trade, modernize and develop agriculture and manufactured industry and will promote people to people contact which is a very important factor for trade. It will also protect China energy sources and will develop its western region. This paper tends to discuss the strategic impact of CPEC on Islamic Republic of Pakistan and to determine which benefits China hopes to achieve from CPEC. Finally, it examine that how Pakistan and China will maintain the operationalization of CPEC.

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China–Pakistan Economic Cooperation: The Case of Special Economic Zones (SEZs)

Cited by 22 publications

References 3 publications

Topic Modeling of the Pakistani Economy in English Newspapers via Latent Dirichlet Allocation (LDA)

Topic Modeling of the Pakistani Economy in English Newspapers via Latent Dirichlet Allocation (LDA)

Trade Dependence, Uncertainty Expectations, and Sino–U.S. Political Relations

China Pakistan Economic Corridor: Strategic Significance for China and Pakistan

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