August 2010 Blog Posts (2)

Expanded Pakistani Middle Class Helping Flood Victims

A pre-requisite for a responsive and accountable democracy is a substantial middle class population.



An Asian Development Bank report on Asia's rising middle class released today confirms that Pakistan's middle class now is 40% of the population, significantly larger than the Indian middle class of about 25% of its population.



The other significant news reported by… Continue

Added by Riaz Haq on August 19, 2010 at 4:58pm — No Comments

Pakistan's Glass is Half Full on its 63rd Independence Day

The devastating floods in Pakistan have dampened the spirits of its people on its 63rd independence day this Aug 14, 2010. All official events marking the day have been canceled as the nation mourns the death of at least 1700 of its citizens and finds itself overwhelmed by the monumental relief and rescue efforts aimed at tens of millions of people across three provinces.



As the scope and scale of… Continue

Added by Riaz Haq on August 14, 2010 at 9:48am — No Comments

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    Blog Posts

    World Bank: Pakistan is 88% Urbanized

    The World Bank researchers have recently concluded that 88 per cent live in urban areas. Their conclusion is based on satellite imagery and the Degree of Urbanization (DoU) methodology. The official Pakistani figures released by the Pakistan Bureau of Statistics (PBS) put the current level of urbanization at 39%. The source of this massive discrepancy is the government's reliance on administrative boundaries rather than population density and settlement patterns, according to the World Bank…

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    Posted by Riaz Haq on December 7, 2025 at 5:30pm

    IMF Questions Modi's GDP Data: Is India's Economy Half the Size of the Official Claim?

    The Indian government reported faster-than-expected GDP growth of 8.2% for the September quarter. It came as a surprise to many economists who were expecting a slowdown based on the recent high-frequency indicators such as consumer goods sales and durable goods production, as well as two-wheeler sales. At the same time, The International Monetary Fund expressed doubts about the Indian government's GDP data. …

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    Posted by Riaz Haq on November 30, 2025 at 11:30am — 2 Comments

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