The study investigates the impact of trade liberalization on employment, its consequence to poverty reduction and how trade openness affects economic development in Pakistan. Although, increase in poverty and unemployment is observed, this study ascertains a growth in macroeconomics indicators....

1. Introduction -- 2. The Informal Sector and Structural Transformation -- 3. The Informal Sector and Rural-to-Urban Migration -- 4. A Test of Two Rival Migration Models -- 5. An Analysis of Rural-to-Rural Migration -- 6. Conclusions.

Globalization and robotics (globotics) are transforming the world economy at an explosive pace since they are driven by digital technology that is advancing in phenomenal increments. This paper - which should be considered a 'thought piece' - argues that the globotics transformation is likely to...