https://tribune.com.pk/story/1663755/6-cpec-and-its-critics/
By Shahid Javed BurkiPublished: March 19, 2018
PHOTO: AFP
The China-Pakistan Economic Corridor (CPEC) is the main focus of the 10th annual report issued by the Lahore-based Burki Institute of Public Policy. The programme is still not fully formed; it will develop as its implementation proceeds. Economists call this way of developing a programme, ‘learning by doing’. The only other foreign-funded programme of approximately this size implemented by Pakistan was the Indus Waters Replacement Works. In current dollar terms, it was as large as CPEC but its overall aim was more limited. It was designed to replace the water from the Indus River System that India was allowed to use for its own development. CPEC has come to Pakistan not that well formed. It will develop over time in a situation that will be highly dynamic.To realise its full potential, the large CPEC programme must have the support of the entire citizenry. With highways,…
By Shahid Javed BurkiPublished: March 19, 2018
PHOTO: AFP
The China-Pakistan Economic Corridor (CPEC) is the main focus of the 10th annual report issued by the Lahore-based Burki Institute of Public Policy. The programme is still not fully formed; it will develop as its implementation proceeds. Economists call this way of developing a programme, ‘learning by doing’. The only other foreign-funded programme of approximately this size implemented by Pakistan was the Indus Waters Replacement Works. In current dollar terms, it was as large as CPEC but its overall aim was more limited. It was designed to replace the water from the Indus River System that India was allowed to use for its own development. CPEC has come to Pakistan not that well formed. It will develop over time in a situation that will be highly dynamic.To realise its full potential, the large CPEC programme must have the support of the entire citizenry. With highways,…