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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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
Pakistan is currently classified as a lower middle-income country, with the ambition to become a high-income country. Its policymakers now recognize that no country has transitioned from middle-income to high-income status without generating substantial electricity at affordable rates. The link between energy and prosperity has been well-established since the advent of the Industrial Revolution. The AI Revolution has further reinforced it. Can Pakistan make the…
ContinuePosted by Riaz Haq on October 21, 2026 at 6:00pm — 10 Comments
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