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…

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Added by Riaz Haq on November 25, 2012 at 11:00pm — 13 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 — 35 Comments

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    Blog Posts

    Are Some Pakistanis Feeding into Indian Delusions of Grandeur?

    Many Pakistanis are singing effusive praises of India on social media platforms and racking up millions of views, according to a report in the Indian  mainstream media. These Pakistanis are boosting their earnings by feeding into the Indians' delusions. The "India Today" report claims that, in the last 6…

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    Posted by Riaz Haq on June 20, 2024 at 9:00am — 6 Comments

    Agriculture: A Rare Bright Spot in Pakistan's Economy

    Pakistan's agriculture sector grew 6.3% in 2023-24, far outpacing the overall economy that grew just 2.38%, according to the Economic Survey of Pakistan 2023-24.  This is good news for about 40% of the country's population working in the agriculture sector. By contrast, India's agriculture growth slowed to …

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    Posted by Riaz Haq on June 13, 2024 at 9:30am — 4 Comments

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