Socio-Economic Impacts of (CPEC) at Small Level Businessmen. A Case Study of Lahore’s Four Markets, Pakistan

Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 01

Abstract

Purpose: identify the development of projects which are working with CPEC and small level businessmen are getting positive or negative benefits from these projects. Their social status and culture remained in good way or negative way. This study find out the problems and hurdles which normally businessmen are facing and solutions to overcome of the hurdles which can become the solution of CPEC completion. Design/ Methodology/ Approach: in this study quantitative and qualitative designed were implemented and convenient sampling techniques was used from the concerning region. A semi-structured in depth interview was conducted with small level businessmen directly concern with CPEC projects. Researcher used thematic analysis and structured questionnaire with required respondents who were directly affected from CPEC projects. A total 500 respondents were chosen and convenience sampling approach was used with different types of small level of businessmen. Findings: research explained the knowledge of respondents about CPEC (86.4%) was aware and only (13.6%) respondents were not known to CPEC projects. Study also explored that total 500 respondents from which 382(76.4%) purchasing Chinese products while only 118(23.6) were not purchasing Chinese products. Social, cultural and economic impacts were seen in positive direction which small level of businessmen perceiving and expecting. Small level businessmen were mostly exploited from big stakeholders and governments taxes implementations. Implications /Value/Originality: This is the facts CPEC and its projects are for the welfare of society. Small level businessmen cannot ignore there, their participation in these projects should be compulsory because mostly small level business were observed in markets. Local community and their cultural values are their identity which should maintain on every condition. Both side governments and policy makers should so assign the projects accordingly the socio-economic status of all nationals

Authors and Affiliations

Ghulam Shabbir, Dr. Jianfu Ma

Keywords

Related Articles

Effect of Green Accounting, Quality Management on Financial Performance, and Green Innovation as Moderation Variables

This study empirically examines whether green innovation moderates the relationship between Green Accounting, Quality Management, and Financial Performance. This research is a causal descriptive quantitative research on...

Analysis of The Influence of Intrinsic and Extrinsic Motivation On Nurse Job Satisfaction At Rsu Royal Prima Medan In 2022

Paramedics, especially nurses, are the most dominant workforce in carrying out tasks in the management of hospital organizations. Therefore, it is very necessary to pay attention to the level of satisfaction and comfort...

The Role of Authentic Leadership and Organizational Culture on Work Behavior Mediated By Work Engagement of Employees in LPD Kuta District

By understanding the work behavior of employees, the company will find it easy to manage and understand its employees with the aim of creating a consistent and positive work environment, so that all activities in the com...

Analysis of Consumer Satisfaction Levels of More Beach Fish Culinary Smes, Gianyar

This study aims to analyze the level of customer satisfaction in Lesehan Yani, Pantai Lesehan, Gianyar based on direct evidence, reliability, responsiveness, assurance and empathy. This research is a quantitative researc...

Adoption of E-Commerce in the Agricultural business sector in Vietnam

This paper examines the rapid utilization and impacts of e-commerce and specifically online marketing and selling channels on agricultural products, with a focus on the southern region of Vietnam. It highlights key emerg...

Download PDF file
  • EP ID EP729715
  • DOI 10.47191/jefms/v7-i1-21
  • Views 112
  • Downloads 0

How To Cite

Ghulam Shabbir, Dr. Jianfu Ma (2024). Socio-Economic Impacts of (CPEC) at Small Level Businessmen. A Case Study of Lahore’s Four Markets, Pakistan. Journal of Economics, Finance and Management Studies, 7(01), -. https://europub.co.uk/articles/-A-729715