October 2014 Blog Posts (7)

Multi-dimensional Poverty Index: India 2nd Worst After Afghanistan in South Asia

"India is home to over 340 million destitute people and is the second poorest country in South Asia after war-torn Afghanistan...In South Asia, Afghanistan has the highest level of destitution at 38%. This is followed by India at 28.5%. Bangladesh (17.2%) and Pakistan (20.7%) have much lower levels"  Colin Hunter, Center for Research on…
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Added by Riaz Haq on October 29, 2014 at 8:14pm — 11 Comments

Karachi Shares Index Outpacing Developed, Emerging and Frontier Market Indices

Pakistan lost its place in MSCI  Emerging Markets Index in December 2008. It was included in MSCI Frontiers Market Index in May 2009.  Some analysts believe that Pakistan could re-gain the Emerging Market classification (which includes BRIC countries) in a couple of years.

Since the beginning…

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Added by Riaz Haq on October 29, 2014 at 7:33am — 7 Comments

Can Pakistan Stand Up to India in Conventional War?

Newly-elected Prime Minister Narendra Modi government's rhetoric about "jaw-breaking" (munh tod) policy toward Pakistan is the latest manifestation of a disease described by Indian diplomat Sashi Tharoor as "India's Israel…

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Added by Riaz Haq on October 19, 2014 at 12:00pm — 123 Comments

Pakistan: Land of Opportunity for Social Entrepreneurs

"All members of the Commission (on Social Entrepreneurship and Innovation) were agreed, Pakistan is a land of opportunity" i-genius Opportunity Pakistan Report April, 2014

i-genius, headquartered in London, calls itself a "World Community of Social Entrepreneurs". It promotes social entrepreneurship to a…

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Added by Riaz Haq on October 16, 2014 at 4:55pm — 1 Comment

Pakistan's First Bitcoin Exchange



"We plan to create a platform (Urdubit Bitcoin Exchange) where people feel safe with the world of Bitcoin and hopefully substitute it for trading locally as easily as Pakistani rupees, while giving everyone an opportunity to invest in this commodity." Zain Tariq, Urdubit, Pakistan




Zain Tariq and Danyal Manzar have launched Pakistan's first Bitcoin exchange called Urbudit, according to… Continue

Added by Riaz Haq on October 14, 2014 at 9:11pm — 8 Comments

NED University Alumni Meet in Silicon Valley; Talk Innovation

Hundreds of my fellow alumni of Pakistan's NED University of Engineering and Technology (NEDUET) gathered in Silicon Valley for tenth annual North America convention for three days starting Friday, October 10 through Sunday, October 12, 2014. They traveled from dozens of US states and Canada. Many, including… Continue

Added by Riaz Haq on October 13, 2014 at 3:30pm — 2 Comments

India-Pakistan Economies Compared in 2014

India and Pakistan are running neck and neck in per capita GDP in both nominal US dollar terms and purchasing power parity terms, according to data available from multiple sources.

Nominal and PPP GDP:

CIA…

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Added by Riaz Haq on October 3, 2014 at 9:00pm — 9 Comments

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    Blog Posts

    Does Pakistan's Real GDP Exceed One Trillion US Dollars?

    A 2024 joint study of the International Labor Organization and the Small and Medium Enterprise Development Authority  (SMEDA) estimated Pakistan's undocumented economy at $457 billion. While other South Asian nations, particularly Bangladesh and India, do include estimated undocumented GDP figures in their official GDP, Pakistan's official GDP figures do not include such estimates. If the Pakistani government decides to include estimates of the informal economy in its official…

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    Posted by Riaz Haq on June 19, 2026 at 7:30am — 1 Comment

    Quantum Computing IPO Makes A British Pakistani Billionaire

    Ilyas Khan, the British Pakistan founder of Quantinuum, became a billionaire in the company’s IPO on NASDAQ last week. Khan is a pioneer in the revolutionary field of quantum computing which could speed up computing by orders of magnitude. It will have a huge impact in AI and encryption. Dr. Irfan Siddiqui, a Pakistani-American professor of Physics at University of California at Berkeley, is another top expert in quantum computing. …

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    Posted by Riaz Haq on June 12, 2026 at 10:00am — 3 Comments

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