Syed Fawaz Hasan
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    Blog Posts

    World Happiness Report 2025: Poor Ranking Makes Indians Very Unhappy

    Pakistan has outranked India yet again on the World Happiness Index, making Indians very very unhappy. Indian media commentators' strong negative emotional reaction to their nation's poor ranking  betrays how unhappy they are even as they insist they are happier than their neighbors. Coming from the privileged upper castes, these commentators call the report "…

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    Posted by Riaz Haq on March 22, 2025 at 10:30am — 1 Comment

    Pakistan Purchasing Managers Index (PMI) Points to Growth in Manufacturing

    Pakistan Purchasing Managers Index (PMI), jointly launched by Habib Bank (HBL) and S&P Global, is showing sustained growth in manufacturing for the last several months.  It has been consistently above 50, indicating expansion. This indicator disagrees with contraction reported by Pakistan Bureau and Statistics (PBS) Large Scale Manufacturing (LSM) indicator. What accounts for this discrepancy? Is it because the LSM tracks only a subset of industries tracked by PMI? Is there a difference…

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    Posted by Riaz Haq on March 18, 2025 at 5:00pm

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