The study assesses the impact of privatisation on employment and output in Pakistan by using edible oil and cement sectors for a case study. Though the term privatisation has broad connotations, it stands for the transfer of ownership to the private sector in Pakistan. By the end of 2000, the...

The study assesses the impact of privatization on employment and output in Pakistan by using edible oil and cement sectors as a case study. The study is both a policy and empirical analysis. The review of literature sets the stage for policy analysis, and allows us to assess the policy...

From a theoretical point of view, greater trade openness affects firm-level volatility by changing the exposure and the reaction of firms to macroeconomic shocks. The net effect is ambiguous, though. This paper provides firm-level evidence on the link between openness and volatility. Using two...