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November 2012 Blog Posts (2)
Rising Disposable Incomes and Economic Mobility in Pakistan
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
Pakistan's Actual GDP Estimated at $401 Billion in 2012
Continue
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 — 36 Comments
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Blog Posts
Mayor-Elect Zohran Mamdani Makes History in New York City
"Ana minkum wa alaikum" declared Zohran Mamdani, the mayor-elect of New York City in his victory speech on November 4, 2025. The phrase translates to "I am from you and and I am with you". "New York will remain a city of immigrants, a city built by immigrants, powered by immigrants and, as of tonight, led by an immigrant", he added. Mamdani is the first Muslim and first immigrant of South Asian descent. At 34, he is not only the youngest but also the first mayor of the Big Apple who was…
ContinuePosted by Riaz Haq on November 5, 2025 at 10:30am
Pakistan's Rising Arms Sales to Developing Nations
Pakistan is emerging as a major arms supplier to developing countries in Asia and Africa. Azerbaijan, Myanmar, Nigeria and Sudan have all made significant arms purchases from Pakistan in recent years. Azerbaijan expanded its order for JF-17 Thunder Block III multi-role fighter jets from Pakistan from 16 to 40 aircraft. The recent order extends a 2024 contract worth $1.6 billion to modernize Baku’s airborne combat fleet to $4.6 billion. This makes Azerbaijan the largest export customer of…
ContinuePosted by Riaz Haq on October 29, 2025 at 10:30am
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