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Realizing Socio-Economic Development Potential of CPEC

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Realizing Socio-Economic Development Potential of CPEC Volume 1, Issue 2 | 1st April 2019 PIVOT Quarterly Magazine of China-Pakistan Study Centre Institute of Strategic Studies Islamabad Realizing Socio-Economic Development Potential of CPEC Scan QR To Download Institute of Strategic Studies Islamabad China-Pakistan Study Centre Copy of PIVOT Streaming Live on DBTV.Live Pivot focuses on the developments in the region and around Pakistan, it debates on the forces impacting Pakistan and beyond. Hosted By: Dr. Talat Shabbir https://twitter.com/dbtvpivot https://www.facebook/dbtvpivot ................. ................. ................. ................. ................. ................. thedbtvlive ................. ................. dbtvlive ................. ................. www.dbtv.live Pakistan’s First Internet TV ‘Pakistan is the PIVOT of the world, placed on the frontier on which the future position of the world revolves.’ Quaid-i-Azam Mohammad Ali Jinnah, January 1948 Streaming Live on Patron in Chief Chief Editor’s Note Amb. Aizaz Ahmad Chaudhry n order to measure socio- economic development of a DBTV.Live country, the key indicators Chief Editor are Gross Domestic Product, Dr. Talat Shabbir Ilife expectancy, literacy and levels of employment. Factors Editor such as personal dignity, freedom Uroosa Khan of association, personal safety, freedom from fear of physical harm Associate Editor and the extent of participation in civil society are also considered Eeman Malik albeit in less-tangible terms. According to the 2017 statistics Contributing Editors of United Nations Development Program, Pakistan alarmingly Dr. Nazish Mahmood ranks 150 in socio-economic index. Prime Minister Imran Khan’s Mohammad Faisal 100 days agenda was largely focused on the revitalization of social Neelum Nigar and economic growth of Pakistan. The program aimed at creating Ali Haider jobs for youth, reviving manufacturing to facilitate rapid growth, reforming tax administration, building five million houses, boosting the tourism industry, making Pakistan business friendly Managing Editor country and transformation of key institutions. Dost Muhammad Barrech Of late, the government made efforts to realign the goals of Pivot focuses on the developments in the region and around Pakistan, Graphics & Layout Design Pakistan’s social and economic development with China Pakistan Economic Corridor (CPEC) which is surely an engine of rapid it debates on the forces impacting Pakistan and beyond. Bushra Mushtaq Khan growth in Pakistan as well as manifestation of Pakistan-China relations promoting inclusivity. Pakistan suggested new arrays Hosted By: Dr. Talat Shabbir Network Administrator and objectives of socio-economic and regional development Syed Mohammad Farhan under CPEC. The focus on trade, industrial development, poverty https://twitter.com/dbtvpivot alleviation, agriculture modernization, regional connectivity, Gwadar and Blue Economy would help enhance socio-economic https://www.facebook/dbtvpivot Contact Us Email: [email protected] impact. Though current agenda and efforts for social and economic Website: www.issi.org.pk development of Pakistan are laudable, but we need to mull over Address: China-Pakistan Study Centre the socio-economic models of the countries that have achieved Institute of Strategic Studies tremendous advancement in poverty reduction strategies, human F-5/2, Islamabad and economic development rankings. Chinese model in this regard Phone: +92-51-9204423-24 may be an exemplary model that may become the hallmark of ................. ................. change and development. Chinese government has also echoed Printer its full support and commitment to Pakistan in the areas that have ................. ................. Farhan’s International Printers potentials to impact socio-economic development. ................. ................. 5-A Abbas Centre, Fazal-e-Haq Road With new government, multi-faceted cooperation with China has ................. ................. Blue Area, Islamabad strengthened in various fields such as economy, trade, finance, Phone: 051-2150285 - 051-2278837 science and technology and agriculture. It is time for Pakistan ................. ................. to enthusiastically pursue socio-economic objectives. Therefore, ................. ................. Disclaimer Pakistan needs to improve its institutional mechanism and The views and opinions expressed herein strategize comprehensively to achieve the goal of socio-economic thedbtvlive ................. ................. development. Indeed, China’s success story has inspiration for us to and references if any, are those of the writers dbtvlive ................. ................. and contributors, and do not necessarily steer through. reflect the outlook of Institute of Strategic Studies Islamabad, China-Pakistan Study Centre or the Editorial Board of PIVOT. Dr. Talat Shabbir www.dbtv.live Price: Rs. 250 Pakistan’s First Internet TV TABLE OF CON ENTS Socio-Economic Impact of CPEC on Pakistan 10 Asad Ullah Khan Pakistan-China Collaboration in Higher Education 14 Dr. Abdul Rauf Book Review: Lisa See’s Snow Flower and the Secret Fan: A fictional introduction to the very real Nu Shu ‘Women’s Writing’ 17 Areeb Shah National Conference on ‘Pakistan-China Economic Relations: Next Level’ 18 Dr. Nazish Mahmood Qi and Yin-Yang Chinese Concept of Well- being 21 Zakia Aslam Visit of Delegation from Harvard Kennedy School of Government 25 Muhammad Faisal ISSI-CICIR Bilateral Dialogue 29 Eeman Malik Exploring Today’s China Asif Niazi This Issue 33 Bridging the Language Barriers 34 Farkhanda Shamim Girl Guides Visit to China 38 Zaheen Faisal Fusion of International Trends in Context of Pakistan and China 39 Sam Dada Roundtable with China Study Centres and Institutes in Pakistan 40 Uroosa Khan 42 Photo Gallery 46 News Brief 6 12 22 Political Economy Launch of China- A Conversation with of China’s Economic Pakistan Study Mr. Roger Lee Owner Growth Centre’s of Golden Dragon Muhammad Taimur Khan Magazine - PIVOT Restaurant Ali Haider Saleem Arhama Siddiqa 30 26 36 Cultural Integration Future Dynamics of Poverty Alleviation under CPEC Corridor in China: Lessons for Saadia Saif Niazi Dr. Hasan Yaser Malik Pakistan Dost Muhammad Barrech Viewpoint Political Economy of China’s Econom c Growth By Muhammad Taimur Khan he rise of China in the the cost of several significant increasing consumption levels in past four decades is entities, e.g. unprecedented China. an accomplishment in rise in consumption levels, itself. A phenomenon corresponding extraction China’s economic Tthat is unprecedented in activities, environment growth and poverty modern history. China’s degradation and dramatic shift in reduction within this economic growth and poverty values in China. period is more than reduction within this period is what most of the more than what most of the Extensive literature is available world’s wealthiest that discuss the sustainability world’s wealthiest countries countries were able to were able to achieve over the of China’s economy. Nearly all of that literature terms the achieve over the past past century. In the past couple century. of decades, China has been Chinese economic growth and development rates to be able to uplift more than 800 These rising consumption levels ‘unsustainable’, identifying the million of its people who were are accompanied by increasing production and distribution living below the poverty line levels of extraction, transportation, methods adopted by China as the before, according to Jim Yong processing of natural resources primary causes of the problem. Kim, President of World Bank. and consumption plus disposal of According to this literature, the This is a feat whose example final products. Taking a close look Chinese desire to maintain a high cannot be found anywhere in at this supply-consumption chain growth rate of Gross Domestic history. However, this economic within the Chinese economy, it Product (GDP) has facilitated the rise of China has been at can be seen that large amount of 6 Viewpoint air, land and water pollutants of reasons/factors that propel argument of ‘Theory of the are being emitted. China’s case China’s rising consumption. Leisure Class.’ According to of emissions is so severe that Chinese economy is Thorstein, the HAVES in a it has not only endangered unsustainable but what has society subject to unproductive China’s environment but contributed to its unsustainable (economically) practices of that of the entire region growth is the increasing rate of conspicuous consumption and consequently putting a question conspicuous consumption (a leisure that does not contribute mark on Chinese economy’s value shift that is being witnessed to the society or economy in any sustainability. Currently, China for the past few decades). This manner while all the burden of is the world’s largest carbon impulse is spreading within China society’s functioning rests on emitting country. at an alarming rate. the shoulders of the working or middle class who are employed Further detailed analysis The above mentioned argument in productive occupations. of the existing literature on about conspicuous consumption Now building up on Thorstein’s China’s economic growth supporting China’s unsustainable argument, the practice of and development reveals economic growth is substantiated conspicuous consumption in the absence of the analysis by using Throstein Veblen’s China is contributing significantly Source: https://visual.ly/community/infographic/economy/economic-growth-china 7 Viewpoint to China’s unsustainability
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