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Riaz Haq's Blog – November 2012 Archive (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…
Added by Riaz Haq on November 25, 2012 at 11:00pm — 13 Comments
Pakistan's Actual GDP Estimated at $401 Billion in 2012
Continue
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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Blog Posts
Is Pakistan Getting Ready For AI Revolution?
Generative artificial intelligence (GenAI) has taken the world by a storm. It has drawn the attention of academia, businesses and governments around the world. This technology is expected to transform almost every sector from business and commerce to government, industries and defense. Are Pakistanis aware of its potential? Is Pakistan getting ready for what is being described as the "AI…
ContinuePosted by Riaz Haq on October 6, 2024 at 5:00pm — 4 Comments
Investors Celebrate Pakistan's Continuing Economic Recovery
Pakistan's benchmark KSE-100 index hit an all-time high after the announcement of the $7 billion IMF bailout deal today. Economic indicators such as inflation, exports and remittances are also showing significant improvement as well. Speaking to reporters after the IMF deal, the Fund Managing Director Kristalina Georgieva acknowledged progress made by Pakistan. She said "The economy is on the sound path. Growth is up and inflation is down". The …
ContinuePosted by Riaz Haq on September 26, 2024 at 5:00pm — 8 Comments
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