Almost a decade has elapsed since the outbreak of the international financial crisis, during which the West was trapped in a dilemma unprecedented since the end of the Second World War. The problems facing the West, p...Almost a decade has elapsed since the outbreak of the international financial crisis, during which the West was trapped in a dilemma unprecedented since the end of the Second World War. The problems facing the West, particularly those of Europe and the US, are fundamental and institutional, including reduced economic superiority, political systems and development models seriously questioned, and increasing terrorist attacks bringing up security chaUenges, to mention just a few. Western obsession with multiple crises is another new factor of change with structural impacts on both the international structure and order over the past nearly thirty years following the disintegration of the Soviet Union and collective rise of emerging economies. The aftermath： the power and influence of the West is declining, with the grand trend of rising East and declining West persisting in the international structure; both Europe and the US have made major adjustments on their foreign strategies, while their value diplomacy offensive has been frustrated, and while trade protectionism is on the rise; and the major power relationship has seen a new round of adjustment. A comprehensive and in-depth understanding of the drastic changes in the West may help China stick to its own development path and promote global governance with more self-confidence so as to make more contributions to world peace, stability and development.展开更多
This paper attempts to measure and explain the sustainability of China- Pakistan Economic Corridor （CPEC） by employing rational choice theory. Methodologically, the qualitative study relies on primary data in terms ...This paper attempts to measure and explain the sustainability of China- Pakistan Economic Corridor （CPEC） by employing rational choice theory. Methodologically, the qualitative study relies on primary data in terms of elite interviews and secondary sources such as journals articles. This theory-guided empirical research has identified two sets of challenges, internal and external, that the economic corridor faces. Broadly, the challenges range from economic slow- down, political instability, religious extremism and terrorism that have taken toll of Pakistani economy, society and the state. The paper has provided policy input in terms of urging Pakistani government to reform its educational system and correct political instability along with targeting all types of militant organizations. More- over, the study urges China to engage regional stakeholders in CPEC to realize regional and trans-regional connectivity to achieve economic integration of the market.展开更多
文摘Almost a decade has elapsed since the outbreak of the international financial crisis, during which the West was trapped in a dilemma unprecedented since the end of the Second World War. The problems facing the West, particularly those of Europe and the US, are fundamental and institutional, including reduced economic superiority, political systems and development models seriously questioned, and increasing terrorist attacks bringing up security chaUenges, to mention just a few. Western obsession with multiple crises is another new factor of change with structural impacts on both the international structure and order over the past nearly thirty years following the disintegration of the Soviet Union and collective rise of emerging economies. The aftermath： the power and influence of the West is declining, with the grand trend of rising East and declining West persisting in the international structure; both Europe and the US have made major adjustments on their foreign strategies, while their value diplomacy offensive has been frustrated, and while trade protectionism is on the rise; and the major power relationship has seen a new round of adjustment. A comprehensive and in-depth understanding of the drastic changes in the West may help China stick to its own development path and promote global governance with more self-confidence so as to make more contributions to world peace, stability and development.
文摘This paper attempts to measure and explain the sustainability of China- Pakistan Economic Corridor （CPEC） by employing rational choice theory. Methodologically, the qualitative study relies on primary data in terms of elite interviews and secondary sources such as journals articles. This theory-guided empirical research has identified two sets of challenges, internal and external, that the economic corridor faces. Broadly, the challenges range from economic slow- down, political instability, religious extremism and terrorism that have taken toll of Pakistani economy, society and the state. The paper has provided policy input in terms of urging Pakistani government to reform its educational system and correct political instability along with targeting all types of militant organizations. More- over, the study urges China to engage regional stakeholders in CPEC to realize regional and trans-regional connectivity to achieve economic integration of the market.
