UNVEILING THE MARITIME OPPORTUNITIES: ANALYSING THE BLUE ECONOMY POTENTIAL WITHIN THE FRAMEWORK OF THE CHINA-PAKISTAN ECONOMIC CORRIDOR
Abstract
Earth is called "the blue planet "because 70% surface consists of water. The ocean is vital to the world's economy approximately 3.5 billion people depend on the ocean for the sustenance of their lives and livelihoods. Having about 1,050 km long coastline and the Exclusive Economic Zone covering about 240,000 sq. km. Pakistan is a key maritime country in the Indian Ocean. Pakistan has immense potential in the blue economy the only possibility for Pakistan to sustain its deteriorating economy is to focus on the growth of its blue economy. In this connection, the China-Pakistan Economic Corridor (CPEC) not only boosts the traditional economy of Pakistan but also can play a vital role in the growth of the blue economy. This study explores the potential of the blue economy for Pakistan from the perspective of the China-Pakistan Economic Corridor. The nature of the research is qualitative and the case study method is applied to the present study. Descriptive and exploratory approaches are applied to discover the answers to the research questions and analysis of this study will help to find out many possible findings of the Potential of the Blue economy of Pakistan in perspective of the CPEC.
Keywords: Blue economy; CPEC; Potential of blue economy; Growth of blue economy
Metadata Record
References 27
- Senaratne, Malshini, and Andrew Zimbroff. "The Blue Economy in the Indian Ocean–A Literature." M., & Zimbroff, A. (2019). The Blue Economy in the Indian Ocean: A literature review. Seychelles Research Journal, 1(2), 121-145.
- World Bank & United Nations (2017). The Potential of the Blue Economy Retrieved from https:// www. bing.com/search?q=(+World+Bank+and+United+Nations%2C+The+Potential+of+the+Blue+Economy+(World+ Bank%2C+Washington%2C+DC%2C+2017)%
- Hudson, Andrew. "Blue Economy: A Sustainable Ocean Economic Paradigm." United Nations Development Programme, 2018. https://www.undp.org/authors/andrew-hudson.
- Wang, Xue. "The Ocean Economic Statistical System of China and Understanding of the Blue Economy." Journal of Ocean and Coastal Economics 2, no. 2 (2016): 10.
- Ibid.
- Organisation for Economic Co-operation and Development (OECD). The Ocean Economy in 2030. 2016. https://dio.org/10.15351/2373-8456.1055.
- Colgan, Charles S. "A Guide to the Measurement of the Market Data for the Ocean and Coastal Economy." 2007. https://cbe.miis.edu/cgi/viewcontent.cgi?article=1008&context=noep_publications.
- Muhammad, Danish M., Muhammad Asim Brohi, and Naveed Ullah. "The Pakistan's Untapped Blue Economy Potential." Journal of Global Peace and Security Studies (JGPSS) 2, no. 1 (2021): 63-73.
- Syed, Rabia, and Ali Safdar. "Revisiting Blue Economy: Challenges and Prospects for the Maritime Sector of Pakistan." Journal of Contemporary Studies 10, no. 2 (2021): 16-37.
- Ali, Anwar and Muhammad Rizwan. "From Silk Road to China-Pakistan Economic Corridor (CPEC): A Comprehensive Analysis of Economic, Geopolitical, Socio-cultural and Environmental Landscapes of Pakistan." Annuals of Social Sciences and Perspective 5, no. 1 (2024): 9-29.
- Ali, Muhammad. "China–Pakistan Economic Corridor: Prospects and Challenges." Contemporary South Asia 28, no. 1 (2020): 100-112.
- Chaziza, Mordechai. "The Chinese maritime silk road initiative: The role of the mediterranean." Mediterranean Quarterly 29, no. 2 (2018): 54-69.
- Sultana, Tasneem, and Zobi Fatima. "Significance Of CPEC For China And Pakistan: A Comparative Analysis." Significance 39 (2021): 107-129.
- Xie, Xia, and Chunhong Ma, Jianping Li. "Research on Employment Opportunities Under the Framework of China Pakistan Economic Corridor." In Proceedings of International Conference on CPEC, 108-113. GC University, Lahore, 2015.
- Siddiqui, Salman. "CPEC Investment Pushed from $55b to $62b." The Express Tribune, April 12, 2017.
- Rahman, Zulfiqar U., Asad Khan, Lifang Wang, and Iqbal Hussain. "The Geopolitics of the CPEC and Indian Ocean: Security Implication for India." Australian Journal of Maritime & Ocean Affairs 13, no. 2 (2021): 122-145
- Sial, Safdar. "The China-Pakistan Economic Corridor: An Assessment of Potential Threats and Constraints." Conflict and Peace Studies 6, no. 2 (2014): 11-40.
- Ibid.
- Conrad, Ms Portia B. "China's access to Gwadar Port: Strategic implications and options for India." Maritime Affairs: Journal of the National Maritime Foundation of India 13, no. 1 (2017): 55-62.
- Akber, Anam. "China Pakistan Economic Corridor (CPEC): Prospects and Challenges for Regional Integration." International Journal of Social Sciences and Humanity Studies 7, no. 1 (2015): 1-15.
- Khattak, Javeria, and Robina Khan. "Pakistan’s Gwadar Port: Benefits to Pakistan and China and Its Economic Viability." International Journal of Social Science and Education Research 3 (2020): 29-34.
- Singh, Sutinder, and John Mohd Magray. "China-Pakistan economic corridor (CPEC), its impacts on Pakistan economy." International Journal of Innovative Research and Advanced Studies 4, no. 7 (2017): 6-9.
- Ali, Murad. "Pakistan’s quest for coal-based energy under the China-Pakistan Economic Corridor (CPEC): implications for the environment." Environmental Science and Pollution Research 25, no. 32 (2018): 31935-31937.
- Raza, Hasan, Zaeema Asrar Mohiuddin, Sayed Shahid Zaheer Zaidi, and Ahmad Osama. "Cpec: Pakistan-China cordial ties-a boost to Pakistan's economy." Journal of Accounting, Business and Finance Research 2, no. 1 (2018): 1-6.
- Bhattacharyay, Biswa N., Masahiro Kawai, and Rajat Nag, eds. Infrastructure for Asian connectivity. Edward Elgar Publishing, 2012.
- Mehar, Ayub. "Infrastructure development, CPEC and FDI in Pakistan: is there any connection?." Transnational corporations review 9, no. 3 (2017): 232-241.
- Ali, Syed Ahtsham, Jahanzaib Haider, Muhammad Ali, Syed Irfan Ali, and X. J. I. B. R. Ming. "Emerging tourism between Pakistan and China: tourism opportunities via China-Pakistan economic corridor." International Business Research 10, no. 8 (2017): 204.