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Book part
Publication date: 10 July 2019

Izza Aftab, Saeed-Ul Hassan, Syeda Amna Hassan and Waqas Rana

The Belt and Road Initiative (BRI) – the modern equivalent of the historic Silk Route – will connect China to multiple countries in Asia, Africa, and Europe through a complex web…

Abstract

The Belt and Road Initiative (BRI) – the modern equivalent of the historic Silk Route – will connect China to multiple countries in Asia, Africa, and Europe through a complex web of land and sea routes. As a pilot project of a network of this magnitude, the 62 billion dollar China Pakistan Economic Corridor (CPEC) has far-reaching implications for future bilateral agreements with other countries along the routes, and for geopolitics in the region. This chapter will analyze CPEC along the following key strands of inquiry: Pakistan’s internal political economy, her macroeconomic stability, and an analysis of the corridor’s long-term impact.

While the literature on corridors is extensive, it does not give us a unifying theory with which to gauge the effectiveness of CPEC, which is more than an economic endeavor. In order to truly understand the dynamics of the region, the authors examine the extent to which domestic support for the CPEC may impact the whole initiative, and how the deficiencies in local infrastructure may take away from its success.

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The New Silk Road Leads through the Arab Peninsula: Mastering Global Business and Innovation
Type: Book
ISBN: 978-1-78756-680-4

Book part
Publication date: 30 March 2022

Irina N. Belova, Elena A. Egorycheva and Filipp D. Belov

The chapter deals with China-Pakistan economic relations under China-Pakistan economic corridor (CPEC), which is considered to be a flagship corridor under the Chinese ‘The Belt…

Abstract

The chapter deals with China-Pakistan economic relations under China-Pakistan economic corridor (CPEC), which is considered to be a flagship corridor under the Chinese ‘The Belt and Road Initiative’ (BRI), also known as ‘One Belt One Road’ or ‘New Silk Road’. COVID-19 pandemic has dramatically changed the composition of the world economy. Now BRI has become even more important for China's economic strategy to sustain its long-term growth. The authors investigate CPEC to be Beijing's most ambitious project so far and mark, that despite possible concerns and challenges, CPEC will succeed. The authors identify the advantages and benefits that both Pakistan and China will gain. Further promoting of ‘westward’ strategy, which facilitates the economic and social development of Western China, boost in the export of capital, technology, production capacity is considered to give a new impulse of Chinese economic development. Rise in industrial potential, stimulating socio-economic development, improvement of population well-being, as well as maintenance of internal stability are among Pakistan's benefits from CPEC.

The chapter identifies the short- and long-term effects of the COVID-19 on implementing CPEC, as well.

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Current Problems of the World Economy and International Trade
Type: Book
ISBN: 978-1-80262-090-0

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Energy Security in Times of Economic Transition: Lessons from China
Type: Book
ISBN: 978-1-83982-465-4

Book part
Publication date: 12 June 2020

Muhammad Zahid Iqbal and Mian Imran ul Haq

This chapter critically examines a Pakistani initiative on youth mentoring at workplace, namely the National Internship Program (NIP), which aims to increase fresh graduates'…

Abstract

This chapter critically examines a Pakistani initiative on youth mentoring at workplace, namely the National Internship Program (NIP), which aims to increase fresh graduates' capability and employability. Through a situational analysis of prevalent education systems, occupational choices and job-related tendencies of Pakistani youth in the backdrop of mega economic activities like the China–Pakistan Economic Corridor (CPEC), this chapter brings forth virtues and limitations of NIP. Further, an elaborative appraisal of the key features, design and process of NIP through an illustrative cycle, a conceptual model has been designed which may fulfil the mentoring needs of developing countries. This conceptual model of youth mentoring at workplace proposes a cycle of six activities: planning, engaging, performing, appraising, ensuing and reflecting.

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Mentorship-driven Talent Management
Type: Book
ISBN: 978-1-78973-691-5

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Book part
Publication date: 13 March 2012

Walter R. Allen and Uma Jayakumar

This study overviews the representation of students of color at critical junctures in California's educational pipeline based on analyses of California Postsecondary Education…

Abstract

This study overviews the representation of students of color at critical junctures in California's educational pipeline based on analyses of California Postsecondary Education Commission (CPEC) and the California Department of Education (CDE) data. More specifically, it examines high school completion, undergraduate and graduate attendance rates, and degree attainment for different racial/ethnic groups within California's higher education system and related state-wide statistics. In doing so, we aim to provide a critical analysis of the state's educational system and the conditions for access and success in higher education.

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As the World Turns: Implications of Global Shifts in Higher Education for Theory, Research and Practice
Type: Book
ISBN: 978-1-78052-641-6

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Book part
Publication date: 10 July 2019

Anna Visvizi, Miltiadis D. Lytras, Wadee Alhalabi and Xi Zhang

In as much as it is contested, the Belt and Road Initiative (BRI) is also unexplored, underdiscussed, and, as a result, misunderstood. Frequently viewed through the lens of…

Abstract

In as much as it is contested, the Belt and Road Initiative (BRI) is also unexplored, underdiscussed, and, as a result, misunderstood. Frequently viewed through the lens of international relations and global economy, the diverse dimensions of collaboration, including business and research-industry clusters, that BRI enhances, tend to be excluded from the analysis. In a similar manner, the role of the Arab Peninsula in the grand strategy underpinning BRI and its implementation is rarely discussed. BRI is a forward-oriented initiative, an attempt to reap benefits of developments and circumstances that are only nascent. This bears two potent implications. First, as China attempts to influence the context in which it operates, it is subject to change itself; the Chinese business sector evolution attests to that. Second, some of China’s not so obvious partners of today, including those in the Arab Peninsula, are about to turn into key interlocutors of tomorrow. BRI taps into opportunities thus created. This chapter elaborates on these issues and, against this backdrop, outlines how the remaining chapters included in this volume add to this discussion.

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The New Silk Road Leads through the Arab Peninsula: Mastering Global Business and Innovation
Type: Book
ISBN: 978-1-78756-680-4

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Inside Major East Asian Library Collections in North America, Volume 1
Type: Book
ISBN: 978-1-80262-234-8

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Middle-Power Responses to China’s BRI and America’s Indo-Pacific Strategy
Type: Book
ISBN: 978-1-80117-023-9

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Inside Major East Asian Library Collections in North America, Volume 2
Type: Book
ISBN: 978-1-80455-140-0

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Book part
Publication date: 10 July 2019

Anna Visvizi, Miltiadis D. Lytras, Wadee Alhalabi and Xi Zhang

Abstract

Details

The New Silk Road Leads through the Arab Peninsula: Mastering Global Business and Innovation
Type: Book
ISBN: 978-1-78756-680-4

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