The Global Social Network

September 2010 Blog Posts (6)

Pakistan's Lost Decade of 1990s

Pakistani economy grew at a fairly impressive rate of 6 percent per year through the first four decades of the nation's existence. In spite of rapid population growth during this period, per capita incomes doubled, inflation remained low and poverty declined from 46% down to 18% by late 1980s, according to eminent Pakistani economist Dr. Ishrat Husain. This healthy economic performance was maintained through several wars and successive… Continue

Added by Riaz Haq on September 27, 2010 at 6:30pm — 1 Comment

Meeting Millennium Development Goals in Pakistan

In year 2000, leaders of rich and poor nations pledged to build a better world by 2015. Among their key goals now called Millennium Development Goals: halving extreme poverty and hunger from 1990 levels, reducing by two-thirds the child-mortality rate and slashing maternal mortality by three-quarters and achieving universal primary education.

The good news is that the share of people living on less than $1.25 a day seems on track to meet the goal of halving the extreme poverty rate.… Continue

Added by Riaz Haq on September 24, 2010 at 11:00pm — 2 Comments

Upward Economic and Social Mobility in Pakistan

Over the last two decades, Pakistan has continued to offer much greater upward economic and social mobility to its citizens than… Continue

Added by Riaz Haq on September 18, 2010 at 12:00pm — 7 Comments

Pakistan GDP Driven By Consumption, Not Exports and Investments

Gross domestic product (GDP) is calculated by adding up public and private consumption, investments and exports. Some of the major world economies, most notably Germany and China, are led by exports, while others, such as United States, United Kingdom, India and Pakistan, are primarily domestic consumption driven.

With almost 80% of its GDP from consumption, Pakistan has particularly heavy reliance on domestic… Continue

Added by Riaz Haq on September 17, 2010 at 8:48pm — 4 Comments

How Can Overseas Pakistanis Help in Post-Floods Reconstruction?

Members of Pakistani diaspora must remember their compatriots in distress as we celebrate Eid today.

While there have been high-profile recent efforts by overseas Pakistanis to raise millions of dollars to fund rescue and relief efforts after the recent devastating floods, it is now time to begin to shift focus on to the much longer term and significantly more expensive reconstruction phase that… Continue

Added by Riaz Haq on September 11, 2010 at 11:00am — 2 Comments

Silicon Valley's NED Alumni Lead Fundraising Efforts For Flood Relief in Pakistan

For every Pakistani hit by floods, there are eight who are still standing and ready to help. That was the theme that guided the recent Silicon Valley Iftar and Fundraiser organized by Organization of Pakistani Entrepreneurs (OPEN Silicon Valley) at the Computer History Museum in Mountain View,… Continue

Added by Riaz Haq on September 2, 2010 at 9:30am — No Comments

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Blog Posts

India Leads the World in Racism

43.5% of Indians, the highest percentage in the world, say they do not want to have a neighbor of a different race, according to a Washington Post report based on World's Values Survey.

About Pakistan, the report says that "although the country has…

Continue

Posted by Riaz Haq on May 16, 2013 at 10:33pm — 2 Comments

Pakistan Tax Collection Project Suffers Setback

In yet another egregious example of increasing judicial activism, Islamabad High Court's Justice Shaukat Aziz Siddiqui, the judge who also ordered Musharraf's arrest, has suspended Pakistan's top tax collector Arshad Hakeem. Hakeem was working on an ambitious technology-based project to go after powerful tax dodgers in the country.…