PakAlumni Worldwide: The Global Social Network

The Global Social Network

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…

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Added by Riaz Haq on November 25, 2012 at 11:00pm — 10 Comments

Pakistan's Actual GDP Estimated at $401 Billion in 2012



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…
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Added by Riaz Haq on November 18, 2012 at 9:30pm — 23 Comments

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    Blog Posts

    Karachi's Bahria Town Private City is Bigger Than San Francisco

    Karachi's Bahria Town being built on the outskirts of Pakistan's financial capital is among the world's largest privately developed and managed cities.  It is spread over an area of a little over 70 square miles, larger than the 49 square miles area of San Francisco. When completed, Bahria Town will house over a million people, more than the entire population of San Francisco.…

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    Posted by Riaz Haq on October 22, 2019 at 6:30pm — 1 Comment

    Truth is Lived Not Taught

    Hermann Karl Hesse was a German born poet, author and painter. He believed that the deity is within a person, not in books or ideas. Almost all of his works explored an individual’s search for authenticity, self-knowledge and spirituality. He acknowledged publicly that the truth must be experienced, not just taught. His books included Siddhartha,…
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    Posted by Sobia Anjum on October 21, 2019 at 4:30am

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