IMPACT OF CHINA-PAKISTAN ECONOMIC CORRIDOR (CPEC) ON GDP, GNP, INDUSTRIAL PRODUCTION, UNEMPLOYMENT, AND INFLATION

Abstract

The China-Pakistan Economic Corridor (CPEC) is viewed as Pakistan's greatest chance and a potential game-changer for its economy. Both Pakistan and China are dependent on the success of this project, and several advantages may be obtained through the project's efficient execution. As a result, there is a need for rigorous research that will show the project's true effects. Although the early phases of CPEC have been finished, there is a dearth of verifiable information regarding the effects of this massive project on GDP, GNP, Industrial Production, Unemployment, and Inflation. To highlight the impending effects of (CPEC) on Pakistan's economy this pressing topic may be the most crucial and useful tool to assess the project's influence. Furthermore, since there hasn't been any research on the topic since the (CPEC) was almost finished with its initial phase, there is a great need for research to examine the impact of (CPEC) on GDP, GNP, Industrial Production, Unemployment, Inflation and give policymakers a foundation for assessing the development of Pakistan.