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The Dragon from the Mountains Matthew McCartney (University of Oxford)

The Dragon from the Mountains By Matthew McCartney (University of Oxford)

The Dragon from the Mountains by Matthew McCartney (University of Oxford)


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Summary

Chinese investment in Pakistan has generated a debate - economic saviour or economic takeover? This book utilises an in-depth understanding of economic change in contemporary China and Pakistan, and economic theory and studies of big infrastructure projects from the contemporary and historical world to make an original contribution to this debate.

The Dragon from the Mountains Summary

The Dragon from the Mountains: The CPEC from Kashgar to Gwadar by Matthew McCartney (University of Oxford)

China has promised to invest more than $60billion in Pakistan, in roads, rail, energy and a deep-water port at Gwadar. This is unprecedented relative to decades of minimal foreign direct investment (FDI) entering Pakistan. This is the China-Pakistan Economic Corridor (CPEC). Support for CPEC in Pakistan is widespread and encompasses much of academia, the military, the mainstream political leadership, and civil society. Supporters argue that CPEC offers the potential to transform Pakistan and support rapid, equitable and sustainable economic growth. Detractors of CPEC argue that it will more likely tip Pakistan into a dependent debt-relationship with China and that it will facilitate more Chinese imports into Pakistan posing a threat to Pakistan's industrial base. This book utilises an in-depth understanding of economic change in contemporary China and Pakistan, and economic theory and studies of big infrastructure projects from the contemporary and historical world to evaluate these contrasting views about CPEC.

About Matthew McCartney (University of Oxford)

Matthew McCartney is Director of South Asian Studies and Associate Professor in the Political Economy and Human Development of India at the University of Oxford. His two most recent books are Economic Growth and Development: A Comparative Introduction (2015) and Pakistan: The Political Economy of Growth, Stagnation and the State, 19512008 (2009).

Table of Contents

Preface; 1. Introduction; 2. Big Infrastructure: Big Problems or Big Benefits?; 3. CPEC Spillovers Rippling Outwards; 4. Through the Eyes of Who? Evaluating the Success of CPEC; 5. The Dragon Uncoils: Special Economic Zones (SEZs) from Shenzhen to Africa; 6. The Dragons Embrace: Pakistan-China Trade Policy; 7. The Will of the Dragon: The Importance of an Industrial Policy; 8. Conclusion: The Way of the Dragon or the Way of the Falcon?; Bibliography.

Additional information

NPB9781108834155
9781108834155
1108834159
The Dragon from the Mountains: The CPEC from Kashgar to Gwadar by Matthew McCartney (University of Oxford)
New
Hardback
Cambridge University Press
2022-02-03
290
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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