China Pakistan Economic Corridor (CPEC): Analysis of Internal and External Challenges

Impact of the China Pakistan Economic Corridor on snow cover and glaciers in the Himalayan, Karakorum, and Hindukush region

Comparison of the Economic Profitability of a Conventional Freight-Dedicated Railway Corridor and a Heavy Load Freight Corridor

By using mathematical models, this paper will compare the economic profitability of a heavy load freight corridor (30 t per axle) with a conventional freight-dedicated railway corridor (22.5 t per axle). This comparison concerns the construction and operation of a new, single-track of normal gauge, exclusively for freight traffic, and takes into account various demand values of freight volume (...

Internal and External Reforms: Experiences and Lessons from China

In 1999, foreign direct investment in China was $40.4 billion, a sharp drop from the $45.6 billion of FDI in 1998. Government officials and economic analysts have voiced concerns about a further contraction of FDI and about the economic consequences associated with such a contraction. The substantial concessions—for example, over foreign equity holdings in the service sector—the Chinese governm...

Economic Challenges Facing Pakistan the Role of the United States

Pakistan’s new government which assumed office under President Musharraf in October 1999 was faced with four main challenges: heavy external and domestic indebtedness; high fiscal deficit and low revenue generation capacity; rising poverty and unemployment; weak balance of payments. In addition, Pakistan was perceived as a highly corrupt country with poor governance. A survey by Transparency In...

ARDL – Analysis of the Relationship among Exports, FDI, Current Account Deficit and Economic Growth in Pakistan

T his paper empirically examines the relationship among exports, foreign direct investment, current account deficit and economic growth in Pakistan during the period 1975-2016.We adopted the autoregressive distributed lag (ARDL) approach to co-integration together with ECM techniques to trace the long-run as well as the short-run relationships. The results demonstrate the existence o...