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

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Enjoyed the video?
Subscribe here: https://www.youtube.com/channel/UCLiRGHCMGB14Pw0yEqLM2fQ?sub_confirmation=1

Follow Altsimplified on Social media:
Facebook: https://www.facebook.com/Altsimplified/
Twitter: https://twitter.com/altsimplified
Quora: https://www.quora.com/q/economicsaltsimplified
Discord: https://discord.io/altsimplified
Other Discord Link: https://discord.gg/gTzEznrmeY

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📕Recommended Reading:
Many have asked what we'd recommend to start reading, so check out the links below. They are affiliate links, but come at no extra cost to the viewer, you'd just be supporting the Channel if you used them.

📘"The Ascent of Money: A financial History of the world": https://geni.us/TheAscentOfMoney
📘"Debt: The First 5000 years": https://geni.us/DebtTheFirst500Years
🎙The mic we use to record: https://geni.us/MicWeUse

Видео Economy of Pakistan: China's Big Gamble? канала Economics AltSimplified