The Sustainable Development of the China Pakistan Economic Corridor: Synergy among Economic, Social, and Environmental Sustainability

Muhammad Awais, Tanzila Samin, Muhammad Awais Gulzar and Jinsoo Hwang
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Muhammad Awais: Department of Data Science & Engineering Management, School of Management, Zhejiang University, Hangzhou 310058, China
Tanzila Samin: School of Business Management, NFC Institute of Engineering & Fertilizer Research, Faisalabad 38000, Pakistan
Muhammad Awais Gulzar: Waikato Management School, The University of Waikato, Hamilton 3240, New Zealand
Jinsoo Hwang: Department of Food Service Management, Sejong University, Seoul 143-747, Korea

Sustainability, 2019, vol. 11, issue 24, 1-11

Abstract: This case study focuses on how economic, social and environmental factors synergize for sustainable development, and relates to fundamental speculations, looking to unclutter a query-encompassing view of the China Pakistan Economic Corridor (CPEC). This study is explanatory in nature, and identifies, recognizes, and discusses the social dispositions and fundamental sustainability dimensions related to sustainable development. Three fundamental sustainability dimensions—economic, social and environmental—are incorporated in connection with the CPEC to explore sustainable development. We submit an inclusive viewpoint of the CPEC, towards the sustainable development of economies, from neighborhoods to nations. This explanatory case reveals a momentous sprouting tie between China and Pakistan. For sustainable development in the global context, more meaningful paradigms are needed to be developed. Socio-economic diversity and strategic importance have highlighted a joint perspective and are emerging as novel ways of directing business enterprises to enter the Asian markets, thus contributing to the development and exploitation of operational economic opportunities, leading to competition for the global business market. This study integrates sustainability in connection with the scenario of the CPEC and provides a plethora of understanding.

Keywords: China Pakistan Economic Corridor; economic opportunities; environment; sustainable development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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