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

    Inspirational Story of University-Going Daughters of Karachi's Rickshaw Driver

    Three daughters of a Karachi rickshaw driver named Amjad Ali are attending top universities in Pakistan. All three graduated from The Citizens Foundation's K-12 schools located across Pakistan, including poor districts of Pakistan's megacity of nearly 20 million residents. Amina Amjad, the eldest is studying at Dow University of Health Sciences (DUHS) to become a medical doctor, the second daughter is enrolled in Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZBIST) to…

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    Posted by Riaz Haq on June 23, 2019 at 8:00pm — 2 Comments

    Vehicles in Pakistan: Over Half of All Households Own Motorcycles in 2019

    Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are …

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    Posted by Riaz Haq on June 17, 2019 at 10:57am — 5 Comments

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