ECONOMY WIDE IMPACT OF ENERGY COMPONENT OF CHINA PAKISTAN ECONOMIC CORRIDOR (CPEC): A SUSTAINABLE DEVELOPMENT APPROACH.

THE LONGSTANDING RELATIONSHIP BETWEEN PAKISTAN AND CHINA HAS YIELDED SUBSTANTIAL BENEFITS, NOTABLY THROUGH THE CHINAPAKISTAN ECONOMIC CORRIDOR (CPEC). THIS STUDY EVALUATES THE ECONOMIC IMPACT OF THE ENERGY INVESTMENTS WITHIN CPEC USING THE COMPUTABLE GENERAL EQUILIBRIUM (CGE) MODEL AND GTAP 9.0 DATA. FINDINGS REVEAL SIGNIFICANT POSITIVE EFFECTS ON PAKISTAN'S REAL GDP, MERCHANDISE EXPORTS, AND IMPORTS, WITH AN OVERALL INCREASE IN HOUSEHOLD INCOME AND EMPLOYMENT. THE COAL ENERGY PROJECTS ARE PROJECTED TO BOOST ECONOMIC GROWTH, REDUCE POVERTY, AND ENHANCE ENERGY ACCESSIBILITY. WHILE THE STUDY HAS LIMITATIONS, SUCH AS THE STATIC NATURE OF THE MODEL AND LIMITED FOCUS ON THE SERVICE SECTOR, IT UNDERSCORES THE TRANSFORMATIVE POTENTIAL OF CPEC’S ENERGY INVESTMENTS FOR PAKISTAN'S ECONOMY AND RECOMMENDS FURTHER DYNAMIC MODELING FOR COMPREHENSIVE INSIGHTS. [ABSTRACT FROM AUTHOR]