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Showing posts with label Pak China relationship. Show all posts
Showing posts with label Pak China relationship. Show all posts

Monday, 22 February 2016

Who Benefits from CPEC?

by Asad Sayeed

Photo credit: Wikipedia/mandarineveryday

The China Pakistan Economic Corridor (henceforth CPEC) has evoked mixed emotions in the country. On the one hand, the Federal Government and the private sector (especially some businessmen and bankers) have called CPEC a ‘game changer’ in the fortunes of Pakistan’s economy and on the other hand, provincial elites – particularly of Balochistan and Khyber Pakhtunkhwa (KP) – are apprehensive that their provinces will not get the fair share of benefits that will accrue from CPEC. The debate on CPEC thus is polarized around the issue of horizontal inequality that it is expected to generate.