China-Pakistan Economic Corridor: Opportunities and Challenges for Pakistan from a Rational Choice Theoretical Perspective (2013-2018)
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Date
2017
Authors
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Publisher
University of Management and Technology
Abstract
China-PakistanEconomic Corridor (CPEC), a flagship project of One-
Belt-One-Road (OBOR) initiative, which consists infrastructure, energy and
technology which is currently being constructed in all over Pakistanand western
Xinjiang province of China. China is financing this project through low interest
loans to Pakistan. The total investment of Corridor is now $62 billion USD. In
the theoretical framework a Rational Choice Theory (RCT) has been applied in
this case with its five different components .The CPEC project is a rational
choice initiative of China and Pakistan. The purpose of thesis is divided in three
parts: to analyze the opportunities for Pakistancommitted to CPEC, to examine
the challenges faced by Corridor all over in Pakistan, and finally to study the
regional and non-regional response to CPEC. The research methodology used
during this study follows the qualitative research method and its different
approaches, and also it will analyze the whole data with the help of Qualitative
Content Analysis (QCA) and author used Directed Content Analysis (DCA)
with its main type Manifest Content Analysis (MCA) with the help of its seven
steps. This study aims to explore the opportunities for Pakistanto improve its
infrastructure, energy, development of roads and railway, and Special Economic
Zones (SEZ's) and China has opened new geo-political and geo-economic
opportunities to Pakistan. While China wants to get direct access to the Indian
Ocean. This route might facilitate China with an alternative route to reach the
world without crossing Strait of Malacca and increase its economic influence in
the whole region.
Description
Supervised by: M. USMAN ASKARI
Keywords
China-PakistanEconomic Corridor, Manifest Content Analysis, Development of roads and railway, BS