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POLITICAL ECONOMY OF DEVELOPMENT A STUDY OF CPEC

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56 Pages : 432-440

http://dx.doi.org/10.31703/gssr.2019(IV-I).56      10.31703/gssr.2019(IV-I).56      Published : Mar 1

Political Economy of Development: A Study of CPEC

Abstract

    Development' is a political project which is based on a principle of reducing inequalities and poverty. It is a centuries-old concept that is deeply rooted in the history of economic thoughts.From the age of mercantilism to the liberal and neoliberal context, the nature of development has changed drastically. From 1945 to the 1970s, there was a popular liberal model of development under the slogans of 'rightto development. The liberal nature of development tuned into conservatively camouflaged neoliberal development in the 1980s protected by the world bank structural adjustment program. In neoliberal development facade, the development process is emptied from welfarist.Development without welfare and development for underdevelopment are the main characteristics of neoliberal development. This paper is an exploration of the political economy of development, which means development to whom? Through a qualitative approach, it is found that neoliberal forces benefited from CPEC developmental project. The political economy of CPEC is a complex phenomenon that is linked with development, investment, technology, and human resources.

    Political Economy, Development, CPEC, China, Pakistan

    (1) Muhammad Shakeel Ahmad
    Assistant Professor, Centre for Policy Studies, COMSATS University-Islamabad, Pakistan/Post-Doctoral Fellow, School of Politics and International Relations, The University of Nottingham United Kingdom
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APA

CHICAGO

    CHICAGO : Ahmad, Muhammad Shakeel. 2019. "Political Economy of Development: A Study of CPEC." Global Social Sciences Review, IV (I): 432-440 doi: 10.31703/gssr.2019(IV-I).56

HARVARD

    HARVARD : AHMAD, M. S. 2019. Political Economy of Development: A Study of CPEC. Global Social Sciences Review, IV, 432-440.

MHRA

    MHRA : Ahmad, Muhammad Shakeel. 2019. "Political Economy of Development: A Study of CPEC." Global Social Sciences Review, IV: 432-440

MLA

    MLA : Ahmad, Muhammad Shakeel. "Political Economy of Development: A Study of CPEC." Global Social Sciences Review, IV.I (2019): 432-440 Print.

OXFORD

    OXFORD : Ahmad, Muhammad Shakeel (2019), "Political Economy of Development: A Study of CPEC", Global Social Sciences Review, IV (I), 432-440

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