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 — 35 Comments
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Since the dawn of the 21st century, the US strategy has been to woo India and to build it up as a counterweight to rising China in the Indo-Pacific region. Most beltway analysts agree with this policy. However, the current Trump administration has taken significant actions, such as the imposition of 50% tariffs on India's exports to the US, that appear to defy this conventional wisdom widely shared in the West. Does President Trump have a grand strategy guiding these actions? George…
ContinuePosted by Riaz Haq on August 31, 2025 at 6:30pm — 3 Comments
Prime Minister Narendra Modi appears to be shedding his Hindutva arrogance. He is reaching out to China after President Donald Trump and several top US administration officials have openly and repeatedly targeted India for harsh criticism over the purchase of Russian oil. Top American officials have accused India, particularly the billionaire friends of Mr. Modi, of “profiteering” from the Russian…
ContinuePosted by Riaz Haq on August 24, 2025 at 9:00am — 7 Comments
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