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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Pakistani auto industry, currently dominated by Japanese automakers building ICE (Internal Combustion Engine) vehicles, is expected to be transformed with the arrival of Chinese new energy vehicles (NEV) manufacturers. Beyond Your Dreams (BYD), Chang'an, Great Wall Motors (GWM) and Shanghai Automotive Industry Corporation (SAIC) are planning to build plants in Pakistan. Coming on the heels of the ongoing solar revolution in the country, these new EV entrants are helping…
ContinuePosted by Riaz Haq on September 15, 2026 at 8:00pm
"When you claim that your civilization is superior, is older, is the mother of democracy, is the mother of science....you antagonize others". Christophe Jaffrelot, French Political Scientist, speaking to Indian journalist Karan Thapar after expressions of outrage against BAPS Hindu leader’s recent visit to Eiffel Tower.
In an article published by Carnegie Endowment, Jaffrelot explained that "the majoritarian…
ContinuePosted by Riaz Haq on September 12, 2026 at 11:30am — 1 Comment
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