The Global Social Network
A 2012 study of 22 nations conducted by Prof Miles Corak for the Organization for Economic Cooperation and
Development (OECD) has found income
heritability to be greater in the United States, the United Kingdom, Italy, China and 5 other countries than in Pakistan.
The study's findings, presented by the author in testimony to the US Senate Finance Committee on July 6, 2012, rely on the…
Added by Riaz Haq on November 25, 2012 at 11:00pm — 13 Comments
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Even with the run-up (in KSE-100), Andrew Brudenell, manager of the HSBC Frontier
Markets fund (HSFAX) in London, says Pakistan is one of the cheapest
markets he follows, at about seven times earnings. He notes that
earnings growth has kept pace with the market. The firms, he adds, are
typically cash-rich, boast strong return on…
Added by Riaz Haq on November 18, 2012 at 9:30pm — 38 Comments
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Pakistan's recent successful flight test of Fa'az, its indigenous air-to-air missile, has garnered significant international attention. What is its significance? First, it is a major breakthrough for its national defense industry, elevating Pakistan into an elite, relatively small group of nations possessing the complex engineering expertise required to build weapons capable of hunting fighter jets. Second, it enhances the country's self-reliance and makes it less vulnerable…
ContinuePosted by Riaz Haq on November 6, 2026 at 10:30am — 5 Comments
Speaking at an event in the Indian Occupied Kashmir, veteran Kashmiri leader Farooq Abdullah has lauded Pakistan's support for Kashmiris' rights. “They (Indian leaders in Delhi) are silent today because there is noise in the world, and our neighbor (Pakistan) is constantly behind this. Everywhere they say, ‘the decision regarding Kashmir has not been made’. That is what is saving us. Otherwise, their intentions are not good", he said. He warned that Kashmiris risked losing their…
ContinuePosted by Riaz Haq on October 29, 2026 at 6:00pm — 1 Comment
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