The impact of privatization in Pakistan
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The impact of privatization in Pakistan by Akhtar Hasan Khan

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Published by Ferozsons in Lahore .
Written in English


  • Privatization

Book details:

Edition Notes

Includes bibliographical references (p. 166-167).

Other titlesPrivatization in Pakistan
StatementAkhtar Hasan Khan
LC ClassificationsHD4295.5.A6-.Z7+
The Physical Object
Pagination167 p. ;
Number of Pages167
ID Numbers
Open LibraryOL25342391M
ISBN 109789690024008
LC Control Number2012430052

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The paper aims to assess the impact of privatisation on employment and output in Pakistan. It uses edible oil and cement sectors as a case study in a pre- and post-privatisation comparative framework. Get Book. Book Description: This work concludes that privatization promotes economic development and democracy in developing countries. Several governments have opted for privatization to maximize consumer choice, to promote competition, and to improve . The government seems to be in a mood to go for privatisation at any cost and as a first step Pakistan Steel Mills has been withdrawn from the China-Pakistan Economic Corridor (CPEC) framework. Privatisation has a serious negative impact on employment, which is the most serious economic problem of the country. Public-sector units are overmanned and the analysis of privatisation in the last two decades shows that more than one-fourth of the labour force became redundant due to it.

The Privatisation process in Pakistan is a continuous policy measure program in the economic period of Pakistan. It was first conceived and implemented by the then-people-elected Prime Minister Nawaz Sharif and the Pakistan Muslim League, in an attempt to enable the nationalised industries towards market economy, immediately after the economic collapse of the Soviet Union in – The . This book thus establishes a clear case for a comprehensive and systematic analysis of the impact of privatization in Africa. Specifically, the book provides a state-of-the art review of privatization issues and research questions as a prelude to an in-depth study of the economic and social impact of privatization. In Privatisation Commission (PC) Board meeting, the transaction structure for privatisation of Heavy Electrical Complex(HEC) was unanimously approved. 22 Government owned Properties across Pakistan have been auctioned through open bidding; moving ahead towards achieving the target.   Privatization is a process in which the private sector is involved in the ownership and management of the public sector or transfer of ownership and management in the private sector and economic democracy is been established by reducing government control in economic activities.. advantages and disadvantages of privatization.

This short EBook is an expanded version of author's article “Privatisation in Pakistan” which he wrote in It attracted a lot of attention prompting him to write a full -fledged book on the history of privatisation in Pakistan and other related issues including its prospects and the challenges it is going to face in short to medium term. The downsizing aspect of privatization is an important one since bad government policies and government corruption can play a large, negative role in economic growth (Easterly, ). By privatizing, the role of the government in the economy is reduced, thus there is less chance for the government to negatively impact the economy (Poole, ).   The book assesses the Social impact of privatization. It uses employment and output in Pakistan's edible oil and cement sectors as a case study. Research is both a Author: Iram Khan. He disclosed that by the Privatisation Commission will dispose of Pakistan International Airline, Steel Mills, SME Bank, SLIC and 30 other state-owned entities.