Socioeconomic Development: The Role of Impact Investments and CPEC
DOI:
https://doi.org/10.33897/fujbe.v8i2.817Keywords:
Impact Investments, Socioeconomic Development, CPECAbstract
This paper investigates the modes of impact investing to overcome the socioeconomic challenges of Pakistan. A descriptive analysis of different social indicators for the period 2006 to 2017 is conducted which includes health, education, tourism, vocational training, agriculture, and access to water. Each socioeconomic indicator is examined as a possible mode of impact investment. This study reports that a better alignment of impact investing in the second phase of the China-Pakistan Economic Corridor (CPEC) will offer maximum development. The study recommends the most efficient and effective ways to achieve the greater goal of a prosperous Pakistan. The author strongly recommends the policymakers of CPEC to focus on impact investing along with conventional investment plans to combat the socioeconomic challenges in Pakistan.