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

    Barrick Gold CEO "Super-Excited" About Reko Diq Copper-Gold Mine Development in Pakistan

    Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…

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    Posted by Riaz Haq on November 19, 2024 at 9:00am

    What Can Pakistan Do to Cut Toxic Smog in Lahore?

    Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system.  Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…

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    Posted by Riaz Haq on November 14, 2024 at 10:30am — 1 Comment

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