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The China Pakistan Economic Corridor (CPEC) is part of China's One Belt, One Road initiative and joins two major economic corridors: The Silk Road Economic Belt and Southeast Asian Maritime Silk Road. CPEC is part of China's regionalism and economic cooperation in South Asia. It will include energy projects, infrastructure development, industrialization, and the expansion and improvement of the Gwadar Port. The project has great potential for Pakistan, both economically and regionally. CPEC faces serious challenges on both internal and regional fronts, however. This thesis will examine CPEC in two ways: through a cost/benefit analysis of the proposed project and a comparison of the project to two other economic corridors, the Suez and Panama Canals. This analysis suggests that CPEC potentially could boost Pakistan's economy, making it a regional economic hub. Whether this will happen depends upon the effective and timely completion of the project, the ensuring of transparency, and efficiency. Furthermore, if Pakistan is able to methodically ensure that the terms and conditions of CPEC are aligned with Pakistan's national interests, Pakistan will likely receive maximum benefits from CPEC and, at the same time, avoid the pitfalls that Egypt and Panama experienced at the hands of investing foreign powers.

The China Pakistan Economic Corridor (CPEC) is part of China’s “One Belt, One Road” initiative and the nexus of two major economic corridors: the Silk Road Economic Belt and the Southeast Asian Maritime Silk Road. In addition to the economic corridor, CPEC in Pakistan will include energy projects, infrastructure development, industrialization, and the expansion and improvement of Gwadar Port. The project has great potentials for Pakistan, in both economic and regional domains. However, CPEC faces serious challenges on internal and regional fronts. This thesis will examine CPEC in two ways: through a cost/benefit analysis of the proposed project, and through a comparison to the Suez and Panama Canals, two long-time economic corridors that have been well studied. These analyses indicate that CPEC has the potential to boost Pakistan’s economy, making the country a regional economic hub. Whether or not this will happen will rely on the effective and timely completion of the project, ensuring transparency and efficiency.

Contents: Aiḍīṭoriyal daftar - Aiḍīṭoriyal noṭs va rīmārks - G̲h̲azal [Poetry] by Niyūṭan, Em. Sī. - Murāsalāt : janāb aiḍīṭar ṣāhab taslīm [Letter] by Ḥanīfullah - Melah Sekrī men̲ bashārt [Letter] - Khulī chiṭṭī banām [Letter] by Raḥmat Masīḥ - Nashnal mishnarī Sosā’iṭī [Article] - Vīdon̲ ke sanghītā [Article] by Rāʼe, Bī. Bī. - Guldastah-yi ak̲h̲bār [News] This volume of Nur-i-Afshan published weekly on Fridays from Ludhiana.

Contents: Aiḍīṭoriyal daftar - Aiḍīṭoriyal noṭs - Rasīd zar [News] - Murāsalāt : melah sūraj girhan Thānesar Z̤ilaʻ Karnāl [Letter] by Ḥanīfullah - Kaurkishtar men̲ sūraj girhan kā melah aur Injīl kī bashārt [Letter] by Niyūṭan, Em. Sī. - Guldastah-yi ak̲h̲bār [News] This volume of Nur-i-Afshan published weekly on Fridays from Ludhiana.

Reissued 27 Sep 2018 to reflect updated degree., The China Pakistan Economic Corridor (CPEC) is part of China's One Belt, One Road initiative and joins two major economic corridors: The Silk Road Economic Belt and Southeast Asian Maritime Silk Road. CPEC is part of China's regionalism and economic cooperation in South Asia. It will include energy projects, infrastructure development, industrialization, and the expansion and improvement of the Gwadar Port. The project has great potential for Pakistan, both economically and regionally. CPEC faces serious challenges on both internal and regional fronts, however. This thesis will examine CPEC in two ways: through a cost/benefit analysis of the proposed project and a comparison of the project to two other economic corridors, the Suez and Panama Canals. This analysis suggests that CPEC potentially could boost Pakistan's economy, making it a regional economic hub. Whether this will happen depends upon the effective and timely completion of the project, the ensuring of transparency, and efficiency. Furthermore, if Pakistan is able to methodically ensure that the terms and conditions of CPEC are aligned with Pakistan's national interests, Pakistan will likely receive maximum benefits from CPEC and, at the same time, avoid the pitfalls that Egypt and Panama experienced at the hands of investing foreign powers., http://archive.org/details/chinpakisteconom1094556741, Lieutenant Colonel, Pakistan Army, Approved for public release; distribution is unlimited.