Economy of Pakistan: China's Big Gamble?

Pakistan's Economy has received $60 billion of investment from China through the China Pakistan Economic Corridor or CPEC.

One so invested in China’s Belt and Road Initiative it’s been labelled a flagship country, yet one which has claimed no less than 22 loans from the IMF over the years. Balancing a rapidly growing population against a series of economic challenges.

In the first few decades of its existence it was viewed as a model of planned economic development, whose economic planning strategy was copied by the likes of South Korea. Fast forward a few decades, and South Korea’s GDP per capita is around 30 times that of Pakistan’s.

-- TIMESTAMPS --
0:00 Intro
1:54 How did Pakistan's economy get here?
5:14 Is Pakistan in a debt trap?
8:06 Why may Pakistan be over reliant on China?
10:32 What options does Pakistan have to address its economic challenges?
13:10 Altsimplified reflects

#Pakistan #PakistanEconomy #CPEC #ChinaPakistan

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