Rising pre-polls violence in Pakistan and Musharraf's mounting troubles raise many questions about the outcome of the upcoming elections:
Can the elections be free and fair when secular liberal left parties (ANP, MQM, PPP) are facing violent attacks and unable to campaign while right-wing parties (PML N, PTI, JI, JUI) are campaigning freely, particularly in the battleground province of Punjab?
Is it a conspiracy to ensure right-wing victory in Pakistan's Elections 2013?
Who cancelled Musharraf's bail and ordered his arrest and why?
Why are MQM and PML Q being called "Pro-Musharraf" by rabid right media people like Hamid Mir and Ansar Abbasi for demanding a fair trial of the former leader?
Why is Musharraf's life being exposed to great risks by confining him in one known place and making his travel routes and schedules highly predictable?
Who will be responsible should something happen to Musharraf? How will it impact the upcoming elections?
Is the concept of fair trial completely alien to the right-wing media, judges and politicians in Pakistan?
Watch Viewpoint from Overseas host Faraz Darvesh discuss these and other questions with Riaz Haq, Sabahat Ashraf and Ali Hasan Cemendtaur.
Musharraf's Troubles, and Pre-Polls Violence Against ANP, MQM and PPP from WBT TV on Vimeo.
Related Links:
Haq's Musings
Pakistan Elections 2013 Predictions
Musharraf's Arrest
Impact of Youth and Women Vote and Taliban Terror on Elections 2013
Is Musharraf's High Treason Trial Justified?
Saving Pakistan's Education
Political Patronage Trumps Public Policy in Pakistan
Dr. Ata-ur-Rehman Defends Pakistan's Higher Education Reforms
Twelve Years Since Musharraf's Coup
Musharraf's Legacy
Riaz Haq writes this data-driven blog to provide information, express his opinions and make comments on many topics. Subjects include personal activities, education, South Asia, South Asian community, regional and international affairs and US politics to financial markets. For investors interested in South Asia, Riaz has another blog called South Asia Investor at http://www.southasiainvestor.com and a YouTube video channel https://www.youtube.com/channel/UCkrIDyFbC9N9evXYb9cA_gQ
Sunday, April 28, 2013
Saturday, April 27, 2013
Karachi is World's Fastest Growing Megacity
Karachi's population has grown 80.5% in the last decade, making it the world's fastest growing megacity, according to recently released Demographia World Urban Areas Report. Karachi is followed by Shenzhen, Lagos, Beijing, Bangkok, Dhaka, Guangzhou, Shanghai, Delhi, Jakarta and Istanbul.
Karachi is Huge:
The report says that Karachi is the world's 7th largest metropolis with an estimated population of nearly 21 million inhabitants packed in an area of 310 square miles, making it the 10th densest large city in the world. Demographia authors acknowledge that their estimate of Karachi's "population is lower than other estimates (such as the United Nations), which include metropolitan area population not within the continuously developed urban area".
Massive Influx of Migrants:
In addition to the normal migration patterns witnessed in the past, Karachi has also seen major influx of waves of refugees escaping conflict zones like FATA and Swat and many people displaced by natural disasters like the 2005 earthquake and 2010 floods. Karachi itself has now become a major conflict zone with the growth of ethnic gangs supported by political bosses, and the arrival of the Taliban fighters along with the refugees from FATA and Swat. Poor governance of the city has further exacerbated the situation of Karachi's citizens.
Karachi: The Urban Frontier
National Public Radio(NPR), an American radio network, started a series which it called "The Urban Frontier" beginning in 2008 on a massive wave of urbanization sweeping the world's emerging economies such as Brazil, China, India and Pakistan. It chose to start with Karachi, which it described as Pakistan's "economic lifeline" and financial and industrial "powerhouse" that produces 25% of Pakistan's GDP, and caled it "one of the largest and most crowded cities of the world". It did a segment on Shehri, the activist group fighting big-money developers. Much of what it said is still valid.
It highlighted several other facts about Karachi such as:
1. Karachi is built along a natural harbor facing the Arabian Sea, and this central location between the Middle East and India has made Karachi an important trading port for hundreds of years.
2. Karachi encompasses both its old seafront district and a sprawling web of commercial and residential development that covers almost 1,400 square miles. Its contemporary landscape spans skyscrapers, posh golf resorts, congested roadways and sprawling squatter colonies.
3. The Port of Karachi handles 60 percent of Pakistan's cargo, and the Karachi Stock Exchange is one of Asia's most active trading markets. The city's main industries include shipping, trade, finance, banking, information technology, manufacturing, real estate, fashion, media and education.
4. Like any big city, it has its share of problems. Pollution, crime, violence, corruption and political volatility are just some of the issues confronting the 12 million to 18 million "Karachiites" who call this overcrowded city home. Karachi is 60 times larger than it was when Pakistan was created in 1947. And with the population growing at an annual rate of 6 percent, one of the biggest challenges for city officials is managing the tensions and violence that often flare along ethnic and religious lines.
5. Karachi is growing so fast that estimates of its population range from 12 million to 18 million. The country's financial capital is also a city where about half the population lives in illegal houses.
Parallels With Chicago:
In "Instant City: Life and Death in Karachi", the author Steve Inskeep of NPR Radio draws parallels between the Chicago of 1950s and 1960s and the rapidly growing cities in the developing world like Mumbai (India), Karachi (Pakistan) and Port Harcourt (Nigeria) in the following words:
"Karachi was one of many growing cities made turbulent by ethnic politics. In recent years an ethnic political party has controlled Mumbai, India, imposing a regional language on the government of an aspiring world city. In the growing oil city of Port Harcourt, Nigeria, Internet cafes and churches line the commercial streets, while ethnic militias rule the backstreets and set neighborhoods on fire. None of this will surprise people who study the history of American cities. Chicago, for example, grew explosively from the 1830s onward--it was an instant city in its time--newcomers clustered defensively in their various neighborhoods. As late as the 1950s, immigrants and their children drew battle lines along major streets or railroad tracks.."
Inskeep quotes newspaper columnist late Mike Royko of Chicago to make his point:
"There was...good reason to stay close to home and in your own neighborhood-town and ethnic state. Go that way, past the viaduct, and the wops will jump you, or chase you into Jew town. Go the other way, beyond the park, and the Polacks will stomp on you. Cross those streetcar tracks, and the Irish will shower you with confetti from the brickyards. And who can tell what the niggers might do?"
Karachi Offers Hope:
It does help to put in historical context the growing pains that Pakistan, and its largest city Karachi, are experiencing now. When visitors see a squatter city in India or Pakistan or Bangladesh, they observe overwhelming desperation: rickety shelters, violence, little kids working or begging, absence of sanitation, filthy water and air. However, there are many benefits of rural to urban migration for migrants' lives, including reduction in abject poverty, empowerment of women, increased access to healthcare and education and other services. Historically, cities have been driving forces in economic and social development. As centers of industry and commerce, cities have long been centers of wealth and power. They also account for a disproportionate share of national income. The World Bank estimates that in the developing world, as much as 80 percent of future economic growth will occur in towns and cities. Nor are the benefits of urbanization solely economic. Urbanization is associated with higher incomes, improved health, higher literacy, and improved quality of life. Other benefits of urban life are less tangible but no less real: access to information, diversity, creativity, and innovation.
Many of the potential benefits of urbanization will be hard to realize in Pakistan unless there is improved city governance and serious efforts to reduce the level of violence in Karachi.
Dolmen Mall Clifton Featured on CNN from DHAToday on Vimeo.
Related Links:
Haq's Musings
World's Tallest Building Proposed in Karachi
Karachi Fashion Week 2013
Impact of Violence on Pakistan Elections 2013
Karachi-The Urban Frontier
MQM Worried By Karachi's Demographic Changes
Karachi Tops World's Largest Cities
Karachi Tops Mumbai in Stock Performance
Eleven Days in Karachi
Pakistan Most Urbanized in South Asia
Do Asia's Urban Slums Offer Hope?
Orangi is Not Dharavi
Climate Change Could Flood Karachi Coastline
Karachi Fourth Cheapest For Expats
Karachi City Government
Karachi Dreams Big
Source: Demographia |
Karachi is Huge:
The report says that Karachi is the world's 7th largest metropolis with an estimated population of nearly 21 million inhabitants packed in an area of 310 square miles, making it the 10th densest large city in the world. Demographia authors acknowledge that their estimate of Karachi's "population is lower than other estimates (such as the United Nations), which include metropolitan area population not within the continuously developed urban area".
KPT Flyover, Karachi |
Massive Influx of Migrants:
In addition to the normal migration patterns witnessed in the past, Karachi has also seen major influx of waves of refugees escaping conflict zones like FATA and Swat and many people displaced by natural disasters like the 2005 earthquake and 2010 floods. Karachi itself has now become a major conflict zone with the growth of ethnic gangs supported by political bosses, and the arrival of the Taliban fighters along with the refugees from FATA and Swat. Poor governance of the city has further exacerbated the situation of Karachi's citizens.
Karachi: The Urban Frontier
Clifton, Karachi |
It highlighted several other facts about Karachi such as:
1. Karachi is built along a natural harbor facing the Arabian Sea, and this central location between the Middle East and India has made Karachi an important trading port for hundreds of years.
2. Karachi encompasses both its old seafront district and a sprawling web of commercial and residential development that covers almost 1,400 square miles. Its contemporary landscape spans skyscrapers, posh golf resorts, congested roadways and sprawling squatter colonies.
3. The Port of Karachi handles 60 percent of Pakistan's cargo, and the Karachi Stock Exchange is one of Asia's most active trading markets. The city's main industries include shipping, trade, finance, banking, information technology, manufacturing, real estate, fashion, media and education.
4. Like any big city, it has its share of problems. Pollution, crime, violence, corruption and political volatility are just some of the issues confronting the 12 million to 18 million "Karachiites" who call this overcrowded city home. Karachi is 60 times larger than it was when Pakistan was created in 1947. And with the population growing at an annual rate of 6 percent, one of the biggest challenges for city officials is managing the tensions and violence that often flare along ethnic and religious lines.
5. Karachi is growing so fast that estimates of its population range from 12 million to 18 million. The country's financial capital is also a city where about half the population lives in illegal houses.
Parallels With Chicago:
In "Instant City: Life and Death in Karachi", the author Steve Inskeep of NPR Radio draws parallels between the Chicago of 1950s and 1960s and the rapidly growing cities in the developing world like Mumbai (India), Karachi (Pakistan) and Port Harcourt (Nigeria) in the following words:
"Karachi was one of many growing cities made turbulent by ethnic politics. In recent years an ethnic political party has controlled Mumbai, India, imposing a regional language on the government of an aspiring world city. In the growing oil city of Port Harcourt, Nigeria, Internet cafes and churches line the commercial streets, while ethnic militias rule the backstreets and set neighborhoods on fire. None of this will surprise people who study the history of American cities. Chicago, for example, grew explosively from the 1830s onward--it was an instant city in its time--newcomers clustered defensively in their various neighborhoods. As late as the 1950s, immigrants and their children drew battle lines along major streets or railroad tracks.."
Inskeep quotes newspaper columnist late Mike Royko of Chicago to make his point:
"There was...good reason to stay close to home and in your own neighborhood-town and ethnic state. Go that way, past the viaduct, and the wops will jump you, or chase you into Jew town. Go the other way, beyond the park, and the Polacks will stomp on you. Cross those streetcar tracks, and the Irish will shower you with confetti from the brickyards. And who can tell what the niggers might do?"
Karachi Offers Hope:
It does help to put in historical context the growing pains that Pakistan, and its largest city Karachi, are experiencing now. When visitors see a squatter city in India or Pakistan or Bangladesh, they observe overwhelming desperation: rickety shelters, violence, little kids working or begging, absence of sanitation, filthy water and air. However, there are many benefits of rural to urban migration for migrants' lives, including reduction in abject poverty, empowerment of women, increased access to healthcare and education and other services. Historically, cities have been driving forces in economic and social development. As centers of industry and commerce, cities have long been centers of wealth and power. They also account for a disproportionate share of national income. The World Bank estimates that in the developing world, as much as 80 percent of future economic growth will occur in towns and cities. Nor are the benefits of urbanization solely economic. Urbanization is associated with higher incomes, improved health, higher literacy, and improved quality of life. Other benefits of urban life are less tangible but no less real: access to information, diversity, creativity, and innovation.
Many of the potential benefits of urbanization will be hard to realize in Pakistan unless there is improved city governance and serious efforts to reduce the level of violence in Karachi.
Dolmen Mall Clifton Featured on CNN from DHAToday on Vimeo.
Related Links:
Haq's Musings
World's Tallest Building Proposed in Karachi
Karachi Fashion Week 2013
Impact of Violence on Pakistan Elections 2013
Karachi-The Urban Frontier
MQM Worried By Karachi's Demographic Changes
Karachi Tops World's Largest Cities
Karachi Tops Mumbai in Stock Performance
Eleven Days in Karachi
Pakistan Most Urbanized in South Asia
Do Asia's Urban Slums Offer Hope?
Orangi is Not Dharavi
Climate Change Could Flood Karachi Coastline
Karachi Fourth Cheapest For Expats
Karachi City Government
Karachi Dreams Big
Friday, April 19, 2013
Pak Media Cheers as Vindictive Right-Wing Judges Pursue Musharraf
Islamabad High Court's Justice Shaukat Aziz Siddiqui, a former president of the Rawalpindi Bar which openly celebrated Gov Salman Taseer's murder in 2011, revoked Pervez Musharraf's bail that was properly granted earlier by Justice Mushir Alam, a Sindh High Court judge in Karachi.
Bail Criteria:
Any person accused of committing a crime is presumed innocent until proven guilty in a court of law. Therefore a person charged with a crime should not be denied freedom unless there is a good reason. It is routine for judges to grant bail when the flight risk is low. Unlike Judge Shaukat Siddiqui, the Karachi judge used these criteria in agreeing to grant bail to Musharraf.
Who's Justice Shaukat Aziz Siddiqui?
Why did Justice Shaukat Aziz decide to revoke Musharraf's bail? To try and understand what may have motivated him to do this, let's take a look at the judge's background:
1. In 2011 PakTribune reported as follows: "One of the candidates for the (Rawalpindi Bar) president slot, Shaukat Siddiqui, when contacted said he had an engagement in Supreme Court; therefore, he could not come to Rawalpindi. He said every lawyer wanted to become the attorney of Malik Mumtaz; therefore, they gathered at the anti-terrorism court."
2. As an attorney in 2007, Justice Shaukat Aziz Siddiqui represented and helped bail out Maulana Abdul Aziz who was charged in multiple cases in connection with the Lal Masjid standoff.
3. Justice Shaukat Aziz Siddiqui's appointment as Islamabad High Court judge was agreed to by President Zardari only after Supreme Court Justice Khilji Arif threatened to hold the President in contempt.
4. Justice Shaukat Aziz Siddiqui was awarded a ticket by MMA, a religious political parties alliance, and contested for a National Assembly seat from Rawalpindi NA-54 in 2002 elections. Siddiqui lost but still managed to get 12,676 votes while PPP's Zamarrud Khan won with 31,491 votes.
Clearly, Justice Shaukat Siddiqui is a right-wing judge who is ideologically pre-disposed to act against Musharraf even in a routine bail extension hearing. In fact, key decisions of Pakistan's higher judiciary led by Chief Justice Iftikhar Chaudhry continue to show strong bias in favor of Pakistan's right-wing politicians and media.
Hizb ut Tahrir Threat:
As Pakistan's right-wing judiciary continues to seek to dominate all other branches of government and exact revenge from people they dislike, they need to be aware of new emerging threats against them from the ultra-right groups like Hizb ut Tahrir which completely reject constitutional democracy. These groups are actively campaigning in Pakistan to persuade people not to vote in the upcoming elections. Hizb ut Tahrir is organizing meetings, delivering lectures and distributing flyers with the following messages, according to a report in PakistanToday:
“Muslims have not been stung merely twice, but countless times by the current system in Pakistan. Each time new faces come through coup or election, the people curse the old faces. However, only after a while, the new faces appear even uglier and more despised than the older faces. The current system is incapable of looking after the affairs of the people and securing the rights that Allah guaranteed humankind, regardless of their race, language, gender or religion.”
“Pakistan's current system is a continuation of the British rule occupation that abolished Islamic rule in the Indian subcontinent in the first place. Even though the Muslims shed their pure blood to establish Pakistan in the name of Islam, it was the British Parliament that created Pakistan’s initial legislation under its Indian Independence Act of 1947.”
“It is democracy, designed by and inherited from the colonialist kufr that separates our ummah from Islam and its ruling system of khilafah, whether in Pakistan, Egypt or Turkey, Tunisia or Indonesia. The claim that yet more elections within this system would bring change of system is a lie made to secure this system from abolition.”
“It is the Khilafah alone that ensures our education, foreign policy, economy, judiciary, consultation; accounting and removing of rulers are all according to Islam.”
Hizb ut Tahrir is actively trying to recruit Pakistani military officers in its campaign to seize power and implement their pan-Islamic vision of a Khilafa led by its leader Sheikh Ata Abu Rishta. Evidence of Hizb ut Tahrir's growing influence in Pakistani military became apparent when Brigadier General Ali Khan and four other serving officers were court-martialed in 2012. Hizb ut Tahrir sees opportunity in a country like Pakistan where the voter turn-out is among the lowest in the world and people are disillusioned with democracy which they believe has failed to deliver solutions to their basic problems like security, jobs, electricity, gas and water.
Summary:
Pakistan's higher judiciary, the politicians and the media are entirely focused on their own narrow interests and settling of old scores with very little attention being paid to good governance. If they continue their business as usual and fail to help solve the people's real problems, it's quite probable that they will see the first-ever bloody coup in Pakistan's history with very negative long-term consequences for everyone in the country.
Here's video discussion about Musharraf's arrest and Hizb ut Tahrir's Campaign:
Musharraf's Arrest from WBT TV on Vimeo.
Related Links:
Haq's Musings
Is Musharraf's High Treason Trial Justified?
Saving Pakistan's Education
Political Patronage Trumps Public Policy in Pakistan
Dr. Ata-ur-Rehman Defends Pakistan's Higher Education Reforms
Twelve Years Since Musharraf's Coup
Musharraf's Legacy
Pakistan's Economic Performance 2008-2010
Role of Politics in Pakistan Economy
India and Pakistan Compared in 2011
Musharraf's Coup Revived Pakistan's Economy
What If Musharraf Had Said No?
Bail Criteria:
Any person accused of committing a crime is presumed innocent until proven guilty in a court of law. Therefore a person charged with a crime should not be denied freedom unless there is a good reason. It is routine for judges to grant bail when the flight risk is low. Unlike Judge Shaukat Siddiqui, the Karachi judge used these criteria in agreeing to grant bail to Musharraf.
Who's Justice Shaukat Aziz Siddiqui?
Why did Justice Shaukat Aziz decide to revoke Musharraf's bail? To try and understand what may have motivated him to do this, let's take a look at the judge's background:
1. In 2011 PakTribune reported as follows: "One of the candidates for the (Rawalpindi Bar) president slot, Shaukat Siddiqui, when contacted said he had an engagement in Supreme Court; therefore, he could not come to Rawalpindi. He said every lawyer wanted to become the attorney of Malik Mumtaz; therefore, they gathered at the anti-terrorism court."
2. As an attorney in 2007, Justice Shaukat Aziz Siddiqui represented and helped bail out Maulana Abdul Aziz who was charged in multiple cases in connection with the Lal Masjid standoff.
3. Justice Shaukat Aziz Siddiqui's appointment as Islamabad High Court judge was agreed to by President Zardari only after Supreme Court Justice Khilji Arif threatened to hold the President in contempt.
4. Justice Shaukat Aziz Siddiqui was awarded a ticket by MMA, a religious political parties alliance, and contested for a National Assembly seat from Rawalpindi NA-54 in 2002 elections. Siddiqui lost but still managed to get 12,676 votes while PPP's Zamarrud Khan won with 31,491 votes.
Clearly, Justice Shaukat Siddiqui is a right-wing judge who is ideologically pre-disposed to act against Musharraf even in a routine bail extension hearing. In fact, key decisions of Pakistan's higher judiciary led by Chief Justice Iftikhar Chaudhry continue to show strong bias in favor of Pakistan's right-wing politicians and media.
Musharraf's Alleged Sins: From Kargil and 1999 Coup to Lal Masjid Operation and Judges' Detention |
Hizb ut Tahrir Threat:
As Pakistan's right-wing judiciary continues to seek to dominate all other branches of government and exact revenge from people they dislike, they need to be aware of new emerging threats against them from the ultra-right groups like Hizb ut Tahrir which completely reject constitutional democracy. These groups are actively campaigning in Pakistan to persuade people not to vote in the upcoming elections. Hizb ut Tahrir is organizing meetings, delivering lectures and distributing flyers with the following messages, according to a report in PakistanToday:
“Muslims have not been stung merely twice, but countless times by the current system in Pakistan. Each time new faces come through coup or election, the people curse the old faces. However, only after a while, the new faces appear even uglier and more despised than the older faces. The current system is incapable of looking after the affairs of the people and securing the rights that Allah guaranteed humankind, regardless of their race, language, gender or religion.”
“Pakistan's current system is a continuation of the British rule occupation that abolished Islamic rule in the Indian subcontinent in the first place. Even though the Muslims shed their pure blood to establish Pakistan in the name of Islam, it was the British Parliament that created Pakistan’s initial legislation under its Indian Independence Act of 1947.”
“It is democracy, designed by and inherited from the colonialist kufr that separates our ummah from Islam and its ruling system of khilafah, whether in Pakistan, Egypt or Turkey, Tunisia or Indonesia. The claim that yet more elections within this system would bring change of system is a lie made to secure this system from abolition.”
“It is the Khilafah alone that ensures our education, foreign policy, economy, judiciary, consultation; accounting and removing of rulers are all according to Islam.”
Hizb ut Tahrir is actively trying to recruit Pakistani military officers in its campaign to seize power and implement their pan-Islamic vision of a Khilafa led by its leader Sheikh Ata Abu Rishta. Evidence of Hizb ut Tahrir's growing influence in Pakistani military became apparent when Brigadier General Ali Khan and four other serving officers were court-martialed in 2012. Hizb ut Tahrir sees opportunity in a country like Pakistan where the voter turn-out is among the lowest in the world and people are disillusioned with democracy which they believe has failed to deliver solutions to their basic problems like security, jobs, electricity, gas and water.
Summary:
Pakistan's higher judiciary, the politicians and the media are entirely focused on their own narrow interests and settling of old scores with very little attention being paid to good governance. If they continue their business as usual and fail to help solve the people's real problems, it's quite probable that they will see the first-ever bloody coup in Pakistan's history with very negative long-term consequences for everyone in the country.
Here's video discussion about Musharraf's arrest and Hizb ut Tahrir's Campaign:
Musharraf's Arrest from WBT TV on Vimeo.
Related Links:
Haq's Musings
Is Musharraf's High Treason Trial Justified?
Saving Pakistan's Education
Political Patronage Trumps Public Policy in Pakistan
Dr. Ata-ur-Rehman Defends Pakistan's Higher Education Reforms
Twelve Years Since Musharraf's Coup
Musharraf's Legacy
Pakistan's Economic Performance 2008-2010
Role of Politics in Pakistan Economy
India and Pakistan Compared in 2011
Musharraf's Coup Revived Pakistan's Economy
What If Musharraf Had Said No?
Thursday, April 18, 2013
Helicopter Skiing in Pakistan's Karakoram Mountains
The Karakoram is home to the highest concentration of peaks over 8,000 meters high to be found anywhere on earth, including K2, the second
highest peak of the world (8,611 m/28,251 ft). K2 is just 237 m (778 ft)
lower than the 8,848 m (29,029 ft) tall Mount Everest. The range is
about 500 km (311 mi) in length, and is the most heavily glaciated part
of the world outside the polar regions.
While Mount Everest is considered the tallest peak at 8,848 meters (29,029 feet), it is K2, believed to be the second tallest at 8,611 meters (28,251 ft), that is documented as the most dangerous. In fact, there have been rumors circulating in the mountaineering world that new measurements show that K2 is actually taller than Everest. Rumors that it might actually be much, much higher - 12 feet taller than Everest - began in 1987 after a British expedition measured K2 and found it to be 29,041 feet. If confirmed, this new measurement, along with the greater challenge of K2, could hurt significant tourist revenue stream of Nepal and bring it to Pakistan.
In contrast to Mt. Everest summit's total of 3,681 successful climbs, only 280 climbers have reached the K2 summit. "It's enormous, very high, incredibly steep and much further north than Everest which means it attracts notoriously bad weather," says Britain's most celebrated mountaineer Sir Chris Bonnington, who lost his colleague Nick Escourt in an avalanche on K2's western side during an expedition in 1978. In 1986 13 climbers were killed in a week when a vicious storm stranded numerous expeditions. It is often said that if you were to summit K2 with a climbing partner, it is best to say your goodbyes well ahead the descent, because the statistics claim that one of the two will not come back alive. 46% of the attempts end in death, most during descent, according to a K2 climbers website. The fatality rate for those who reach the summit at 27% is about three times higher than that for Mount Everest, according to BBC.
Here's a recent CNN video report on heli skiing in the Karakorams:
Heli-skiing in Karakoram Mountains of Pakistan - CNN from Badar Khushnood on Vimeo.
Here's PTV News video on heli skiing event in Gilgit-Bltistan:
Related Links:
Haq's Musings
Climbing K2-The Ultimate Challenge
Life of a Siachen Soldier
Extreme Kayak Adventures in Pakistan
Resilient Pakistan Defies Doomsayers
Pakistani Mountaineer Samina Baig |
While Mount Everest is considered the tallest peak at 8,848 meters (29,029 feet), it is K2, believed to be the second tallest at 8,611 meters (28,251 ft), that is documented as the most dangerous. In fact, there have been rumors circulating in the mountaineering world that new measurements show that K2 is actually taller than Everest. Rumors that it might actually be much, much higher - 12 feet taller than Everest - began in 1987 after a British expedition measured K2 and found it to be 29,041 feet. If confirmed, this new measurement, along with the greater challenge of K2, could hurt significant tourist revenue stream of Nepal and bring it to Pakistan.
Malam Jabba Ski Resort in Swat, Pakistan |
In contrast to Mt. Everest summit's total of 3,681 successful climbs, only 280 climbers have reached the K2 summit. "It's enormous, very high, incredibly steep and much further north than Everest which means it attracts notoriously bad weather," says Britain's most celebrated mountaineer Sir Chris Bonnington, who lost his colleague Nick Escourt in an avalanche on K2's western side during an expedition in 1978. In 1986 13 climbers were killed in a week when a vicious storm stranded numerous expeditions. It is often said that if you were to summit K2 with a climbing partner, it is best to say your goodbyes well ahead the descent, because the statistics claim that one of the two will not come back alive. 46% of the attempts end in death, most during descent, according to a K2 climbers website. The fatality rate for those who reach the summit at 27% is about three times higher than that for Mount Everest, according to BBC.
Here's a recent CNN video report on heli skiing in the Karakorams:
Heli-skiing in Karakoram Mountains of Pakistan - CNN from Badar Khushnood on Vimeo.
Here's PTV News video on heli skiing event in Gilgit-Bltistan:
Report on First Ever Heli-Skiing Event in Pakistan from Shabbir Ahmad Wahgra on Vimeo.
Related Links:
Haq's Musings
Climbing K2-The Ultimate Challenge
Life of a Siachen Soldier
Extreme Kayak Adventures in Pakistan
Resilient Pakistan Defies Doomsayers
Saturday, April 13, 2013
Mohsin Hamid Spins Rags to Riches Tale Set in Rising Pakistan
It's a story of a sickly little village boy's rise in Pakistan from abject rural poverty to great urban wealth as a young man who falls in love with "the pretty girl", an equally ambitious fellow slum-dweller in the city.
Billed as a "how-to" book, Mohsin Hamid's “How to Get Filthy Rich in Rising Asia” draws upon trends like increasing urbanization, rising middle-class consumption, growing entrepreneurship and widespread scams to weave a fascinating tale set in Hamid's hometown of Lahore. It's also a boy-meets-girl love story that takes many twists and turns and ends with the two lovers finally living together in their twilight years.
Along the way, Hamid, himself part of a ambitious new generation of Pakistani writers making it big on the global stage, touches upon the principal character's brushes with religious conservatives, unscrupulous politicians, corrupt bureaucrats and criminal gangs. Hamid shows how the protagonist successfully navigates through it all until he himself falls victim to fraud perpetrated by his young lieutenant.
Although the book does not explicitly name the places, the descriptions suggest that it's set mostly in Lahore, Hamid's home town, and Karachi which is described as "city by the sea".
The protagonist is a third-born poor kid transplanted by his father along with his mother and siblings from his village to the city. The order of his birth permits him to go to school while his older siblings forgo schooling to work and help the family make ends meet in the city.
The protagonist drops out of the university that he was admitted to and goes from being a DVD rental delivery boy to a successful entrepreneur with a thriving bottled water business. Later, he has an arranged marriage which produces a son but he continues to think of “the pretty girl” from the slum who is trying to climb higher as a fashion model in the "city by the sea".
As the protagonist grows old, he finds himself alone, divorced from his wife, and separated from his son studying in the US. The story ends with him finding "the pretty girl", the love of his life, till death does them apart.
Hamid's latest novel is hard to put down once you start reading it. It is meant to be read cover-to-cover in one sitting. His prior internationally-acclaimed and equally attention-grabbing works include Moth Smoke and The Reluctant Fundamentalist. The Reluctant Fundamentalist made the New York Times Best Seller List. It was also short-listed for Man Booker Prize. It has been made into a movie slated for release in the United States next month.
Here's a trailer of The Reluctant Fundamentalist:
TRAILER - The Reluctant Fundamentalist from PartyLiciouS Entertainment on Vimeo.
Related Links:
Haq's Musings
Do South Asian Slums Offer Hope?
Karachi Literature Festival
Urbanization in Pakistan Highest in South Asia
Pakistan Fashion Week
Upwardly Mobile Pakistan's Appetite For International Brands
Life Goes On in Pakistan
Resilient Pakistan
Pakistan's Top Fashion Models
Music Drives Coke Sales in Pakistan
Pakistani Cover Girls
Veena Malik Challenges Pakistan's Orthodoxy
PakAlumni-Pakistani Social Network
Huma Abedin Weinergate
Pakistan Media Revolution
Billed as a "how-to" book, Mohsin Hamid's “How to Get Filthy Rich in Rising Asia” draws upon trends like increasing urbanization, rising middle-class consumption, growing entrepreneurship and widespread scams to weave a fascinating tale set in Hamid's hometown of Lahore. It's also a boy-meets-girl love story that takes many twists and turns and ends with the two lovers finally living together in their twilight years.
Along the way, Hamid, himself part of a ambitious new generation of Pakistani writers making it big on the global stage, touches upon the principal character's brushes with religious conservatives, unscrupulous politicians, corrupt bureaucrats and criminal gangs. Hamid shows how the protagonist successfully navigates through it all until he himself falls victim to fraud perpetrated by his young lieutenant.
Although the book does not explicitly name the places, the descriptions suggest that it's set mostly in Lahore, Hamid's home town, and Karachi which is described as "city by the sea".
The protagonist is a third-born poor kid transplanted by his father along with his mother and siblings from his village to the city. The order of his birth permits him to go to school while his older siblings forgo schooling to work and help the family make ends meet in the city.
The protagonist drops out of the university that he was admitted to and goes from being a DVD rental delivery boy to a successful entrepreneur with a thriving bottled water business. Later, he has an arranged marriage which produces a son but he continues to think of “the pretty girl” from the slum who is trying to climb higher as a fashion model in the "city by the sea".
As the protagonist grows old, he finds himself alone, divorced from his wife, and separated from his son studying in the US. The story ends with him finding "the pretty girl", the love of his life, till death does them apart.
Hamid's latest novel is hard to put down once you start reading it. It is meant to be read cover-to-cover in one sitting. His prior internationally-acclaimed and equally attention-grabbing works include Moth Smoke and The Reluctant Fundamentalist. The Reluctant Fundamentalist made the New York Times Best Seller List. It was also short-listed for Man Booker Prize. It has been made into a movie slated for release in the United States next month.
Here's a trailer of The Reluctant Fundamentalist:
TRAILER - The Reluctant Fundamentalist from PartyLiciouS Entertainment on Vimeo.
Related Links:
Haq's Musings
Do South Asian Slums Offer Hope?
Karachi Literature Festival
Urbanization in Pakistan Highest in South Asia
Pakistan Fashion Week
Upwardly Mobile Pakistan's Appetite For International Brands
Life Goes On in Pakistan
Resilient Pakistan
Pakistan's Top Fashion Models
Music Drives Coke Sales in Pakistan
Pakistani Cover Girls
Veena Malik Challenges Pakistan's Orthodoxy
PakAlumni-Pakistani Social Network
Huma Abedin Weinergate
Pakistan Media Revolution
Friday, April 12, 2013
Is High Treason Trial of Pervez Musharraf Justified?
How did General Musharraf govern Pakistan?
What did he do right? Where did he go wrong? What is his record in terms
of human development and economic growth from 2000 to 2007? Is the
Supreme Court right in hearing a petition to charge him with treason?
If so, who can or should bring such charges?
Let's remember what the high treason act of Pakistan says : “No court shall take cognizance of an offense punishable under this act except upon a complaint in writing made by a person authorized by the Federal Government in this behalf.”
Let's remember what the high treason act of Pakistan says : “No court shall take cognizance of an offense punishable under this act except upon a complaint in writing made by a person authorized by the Federal Government in this behalf.”
Comparison of Pervez Musharraf's Social (HDI) and Economic (GDP) Performance With Predecessors and Successors |
Let's look at some independent sources of data like UNDP and IMF and the Economist magazine to review Pervez Musharraf's governance:
(1) Pakistan's HDI grew an average rate of 2.7% per year under President Musharraf from 2000 to 2007, and then its pace slowed to 0.7% per year in 2008 to 2012 under elected politicians, according to the 2013 Human Development Report titled “The Rise of the South: Human Progress in a Diverse World”. Going further back to the decade of 1990s when the civilian leadership of the country alternated between PML (N) and PPP, the increase in Pakistan's HDI was 9.3% from 1990 to 2000, less than half of the HDI gain of 18.9% on Musharraf's watch from 2000 to 2007.
(2) In an IMF MOU document in 2008, the PPP government hailed the performance of Pakistan's economy under President Musharraf's watch as follows: "Pakistan's economy witnessed a major economic transformation in the last decade. The country's real GDP increased from $60 billion to $170 billion, with per capita income rising from under $500 to over $1000 during 2000-07". It further acknowledged that "the volume of international trade increased from $20 billion to nearly $60 billion. The improved macroeconomic performance enabled Pakistan to re-enter the international capital markets in the mid-2000s. Large capital inflows financed the current account deficit and contributed to an increase in gross official reserves to $14.3 billion at end-June 2007. Buoyant output growth, low inflation, and the government's social policies contributed to a reduction in poverty and improvement in many social indicators". (see MEFP, November 20, 2008, Para 1)
Pakistan Exports. Source: IndexMundi |
(3) Summing up the economic situation,the Economist magazine in its June 12, 2008 issue said as follows: " (The current) macroeconomic disarray will be familiar to the coalition government led by the Pakistan People's Party of Asif Zardari, and to Nawaz Sharif, whose party provides it “outside support”. Before Mr Sharif was ousted in 1999, the two parties had presided over a decade of corruption and mismanagement. But since then, as the IMF remarked in a report in January, there has been a transformation. Pakistan attracted over $5 billion in foreign direct investment in the 2006-07 fiscal year, ten times the figure of 2000-01. The government's debt fell from 68% of GDP in 2003-04 to less than 55% in 2006-07, and its foreign-exchange reserves reached $16.4 billion as recently as in October." Please read "Pakistani Economy Returning to the Bad Old Days".
Source: Pew Survey in Pakistan 2002-2013 |
This show was recorded at 12:30 pm PST on Thursday, April 11, 2013.
Pakistani Elections 2013, Cases against Pervez Musharraf, High Treason, Article 6 Riaz Haq, Sabahat Ashraf, iFaqeer, Ali Hasan Cemendtaur, WBT-TV, Viewpoint from Overseas, Pakistanis in the US, Silicon Valley Pakistanis, San Francisco Bay Area Pakistanis.
پاکستانی انتخابات ۲۰۱۳، طالبان کراچی میں، اے این پی کو خطرات ، فراز درویش ، ریاض حق، صباحت اشرف، آءی فقیر، علی حسن سمندطور، ڈبلیو بی ٹی ٹی وی، ویو پواءنٹ فرام اوورسیز، امریکہ میں پاکستانی، سلیکن ویلی، سان فرانسسکو بے ایریا
पाकिस्तान, कराची, विएव्पोइन्त फ्रॉम ओवरसीज , फ़राज़ दरवेश, रिअज़ हक , सबाहत अशरफ , ई फ़क़ीर, अली हसन समंदतौर, दब्लेव बी टी टीवी, सिलिकॉन वेली, कैलिफोर्निया, फार्रुख शाह खान, फार्रुख खान
পাকিস্তান, করাচী, ক্যালিফর্নিয়া, সিলিকোন ভ্যালি, ভিয়েব্পৈন্ট ফরম ওভারসিস
High Treason case against Pervez Musharraf from WBT TV on Vimeo.
Related Links:
Haq's Musings
Saving Pakistan's Education
Political Patronage Trumps Public Policy in Pakistan
Dr. Ata-ur-Rehman Defends Pakistan's Higher Education Reforms
Twelve Years Since Musharraf's Coup
Musharraf's Legacy
Pakistan's Economic Performance 2008-2010
Role of Politics in Pakistan Economy
India and Pakistan Compared in 2011
Musharraf's Coup Revived Pakistan's Economy
What If Musharraf Had Said No?
Wednesday, April 10, 2013
Pakistan Fashion Week April 9-10, 2013
Here's CNN video of a Karachi Mall:
Dolmen Mall Clifton Featured on CNN from DHAToday on Vimeo.
Related Links:
Haq's Musings
Karachi Fashion Week 2013
Upwardly Mobile Pakistan's Appetite For International Brands
Life Goes On in Pakistan
Resilient Pakistan
Pakistan's Top Fashion Models
Music Drives Coke Sales in Pakistan
Pakistani Cover Girls
Veena Malik Challenges Pakistan's Orthodoxy
PakAlumni-Pakistani Social Network
Huma Abedin Weinergate
Pakistan Media Revolution
Protest Music in Pakistan
Resilient Pakistan Defies Doomsayers
Pakistani Entrepreneurs Survive Economic Downturn
Silent Social Revolution in Pakistan
Monday, April 8, 2013
Pakistan Elections 2013: Impact of Youth & Women Vote; Taliban Violence
There are reports of Taliban targeting candidates of ANP, MQM, PPP and other political parties in the country, including in Karachi, the economic hub of the nation. There's also talk of millions of new young men and women voters who may tip the balance in PTI's favor if they do turn out to vote. Who will be the winners and losers in the coming elections? Watch the show to find out!
Viewpoint from Overseas host Faraz Darvesh discusses with Riaz Haq, Sabahat Ashraf (iFaqeer) and Ali Hasan Cemendtaur upcoming Pakistani Elections 2013, Taliban in Karachi, and rejections by Election Commission of Pakistan.
This show was recorded at 12:30 pm PST on Thursday, April 4, 2013.
Pakistani Elections 2013, Taliban in Karachi, Faraz Darvesh, Riaz Haq, Sabahat Ashraf, iFaqeer, Ali Hasan Cemendtaur, WBT-TV, Viewpoint from Overseas, Pakistanis in the US, Silicon Valley Pakistanis, San Francisco Bay Area Pakistanis
پاکستانی انتخابات ۲۰۱۳، طالبان کراچی میں، اے این پی کو خطرات ، فراز درویش ، ریاض حق، صباحت اشرف، آءی فقیر، علی حسن سمندطور، ڈبلیو بی ٹی ٹی وی، ویو پواءنٹ فرام اوورسیز، امریکہ میں پاکستانی، سلیکن ویلی، سان فرانسسکو بے ایریا
पाकिस्तान, कराची, विएव्पोइन्त फ्रॉम ओवरसीज , फ़राज़ दरवेश, रिअज़ हक , सबाहत अशरफ , ई फ़क़ीर, अली हसन समंदतौर, दब्लेव बी टी टीवी, सिलिकॉन वेली, कैलिफोर्निया, फार्रुख शाह खान, फार्रुख खान
Pakistan Elections 2013: How Will Taliban Violence and Youth Vote Impact Results? from WBT TV on Vimeo.
Who Will Win Pakistan Elections 2013? Imran Khan's Fall and Ali Haider Gilani's abduction. from WBT TV on Vimeo.
Related Links:
Haq's Musings
Imran Khan Draws 500 Pakistani-Americans in Silicon Valley
Pakistan Elections 2013 Predictions
Who's Better For Pak Human Development?
Saving Pakistan's Education
Political Patronage Trumps Public Policy in Pakistan
Dr. Ata-ur-Rehman Defends Pakistan's Higher Education Reforms
Twelve Years Since Musharraf's Coup
Musharraf's Legacy
Pakistan's Economic Performance 2008-2010
Role of Politics in Pakistan Economy
India and Pakistan Compared in 2011
Musharraf's Coup Revived Pakistan's Economy
Election 2013 Symbols of Major Political Parties in Pakistan |
Viewpoint from Overseas host Faraz Darvesh discusses with Riaz Haq, Sabahat Ashraf (iFaqeer) and Ali Hasan Cemendtaur upcoming Pakistani Elections 2013, Taliban in Karachi, and rejections by Election Commission of Pakistan.
This show was recorded at 12:30 pm PST on Thursday, April 4, 2013.
Pakistani Elections 2013, Taliban in Karachi, Faraz Darvesh, Riaz Haq, Sabahat Ashraf, iFaqeer, Ali Hasan Cemendtaur, WBT-TV, Viewpoint from Overseas, Pakistanis in the US, Silicon Valley Pakistanis, San Francisco Bay Area Pakistanis
پاکستانی انتخابات ۲۰۱۳، طالبان کراچی میں، اے این پی کو خطرات ، فراز درویش ، ریاض حق، صباحت اشرف، آءی فقیر، علی حسن سمندطور، ڈبلیو بی ٹی ٹی وی، ویو پواءنٹ فرام اوورسیز، امریکہ میں پاکستانی، سلیکن ویلی، سان فرانسسکو بے ایریا
पाकिस्तान, कराची, विएव्पोइन्त फ्रॉम ओवरसीज , फ़राज़ दरवेश, रिअज़ हक , सबाहत अशरफ , ई फ़क़ीर, अली हसन समंदतौर, दब्लेव बी टी टीवी, सिलिकॉन वेली, कैलिफोर्निया, फार्रुख शाह खान, फार्रुख खान
Pakistan Elections 2013: How Will Taliban Violence and Youth Vote Impact Results? from WBT TV on Vimeo.
Who Will Win Pakistan Elections 2013? Imran Khan's Fall and Ali Haider Gilani's abduction. from WBT TV on Vimeo.
Related Links:
Haq's Musings
Imran Khan Draws 500 Pakistani-Americans in Silicon Valley
Pakistan Elections 2013 Predictions
Who's Better For Pak Human Development?
Saving Pakistan's Education
Political Patronage Trumps Public Policy in Pakistan
Dr. Ata-ur-Rehman Defends Pakistan's Higher Education Reforms
Twelve Years Since Musharraf's Coup
Musharraf's Legacy
Pakistan's Economic Performance 2008-2010
Role of Politics in Pakistan Economy
India and Pakistan Compared in 2011
Musharraf's Coup Revived Pakistan's Economy
Sunday, April 7, 2013
World Health Day in Pakistan: Premature Death Rate Declines Amidst Rising Violence
Years of life lost due to violence have more than doubled (up 109%) in Pakistan since 1990. Violence now ranks 20 among various causes of premature death, up from 34 in 1990. Other major killer diseases which claimed more lives include lifestyle diseases like heart disease (up 103%), cirrhosis (105% up) and diabetes (up 157%). Overall, age-adjusted death rate in the country has declined from 1,120 per 100,000 in 1990 to 982 per 100,000 now, according to Global Burdens of Disease Study 2010. More Pakistanis are dying due to rising violence, heart disease and diabetes, partially negating gains made by reducing premature mortality for other factors.
Pakistan ranks in the middle among 15 similar countries compared by the Global Burden of Disease Study 2010 (GBD 2010). Other countries in this group include India, Djibouti, Kyrgyzstan, Laos, Moldova, Mongolia, Nicaragua, Palestine, Papua New Guinea, Philippines, Solomon Island, Uzbekistan, Vietnam and Yemen.
The fact that Pakistan ranks near the middle and outranks India among 15 similar countries in terms of disease burdens is a surprise given the reality that Pakistan spends just $58.27 per person on health (including the government contribution of $22.59) , less than half of neighboring India's per capita health spending of $132.20, which includes $38.57 from the government. Some of the differences in health outcomes may be attributable to nutrition, sanitation and environment.
In addition to reducing violent deaths by improving security, Pakistan needs to spend a lot more on health and education to enhance the quality and productivity of its human resources. Looking at examples of nations such as the Asian Tigers which have achieved great success in the last few decades, the basic ingredient in each case has been large social sector investments they have made. It will be extremely difficult for Pakistan to catch up unless similar investments are made by Pakistani leaders.
As Pakistanis prepare to go to the polls on May 11, it is important that the voters demand an explanation from the incumbent political parties for their extremely poor performance in the social sector. Without accountability, these politicians will continue to ignore the badly needed investments required to develop the nation's human resources for a better tomorrow. Forcing the political leaders to prioritize social sector development is the best way to launch Pakistan on a faster trajectory.
Related Links:
Haq's Musings
Pakistan Human Development: Musharraf Vs Politicians
Pakistan Fares Marginally Better Than India on Health
America Significantly Outweighs Asia
India and Pakistan Suffer Heavy Disease Burdens
India and Pakistan Off Track, Off Target on Sanitation
Study Finds India's Air Most Toxic
Pak Lady Health Workers "Best in the World"
Infectious Diseases Kill Millions in South Asia
WHO Says Pakistan On Track to be Polio Free
Syeda Hamida of Indian Planning Commission Says India Worse Than Pakistan and Bangladesh
Global Hunger Index Report 2009
Is India a Nutritional Weakling?
Leading Causes of Premature Deaths in Pakistan |
Pakistan ranks in the middle among 15 similar countries compared by the Global Burden of Disease Study 2010 (GBD 2010). Other countries in this group include India, Djibouti, Kyrgyzstan, Laos, Moldova, Mongolia, Nicaragua, Palestine, Papua New Guinea, Philippines, Solomon Island, Uzbekistan, Vietnam and Yemen.
The fact that Pakistan ranks near the middle and outranks India among 15 similar countries in terms of disease burdens is a surprise given the reality that Pakistan spends just $58.27 per person on health (including the government contribution of $22.59) , less than half of neighboring India's per capita health spending of $132.20, which includes $38.57 from the government. Some of the differences in health outcomes may be attributable to nutrition, sanitation and environment.
In addition to reducing violent deaths by improving security, Pakistan needs to spend a lot more on health and education to enhance the quality and productivity of its human resources. Looking at examples of nations such as the Asian Tigers which have achieved great success in the last few decades, the basic ingredient in each case has been large social sector investments they have made. It will be extremely difficult for Pakistan to catch up unless similar investments are made by Pakistani leaders.
Pakistan's HDI grew an average rate of 2.7% per year under President Musharraf from 2000 to 2007, and then its pace slowed to 0.7% per year in 2008 to 2012 under elected politicians. Earlier in 1990s, the increase in Pakistan's HDI was just 9.3% from 1990 to 2000, less than half of the HDI gain of 18.9% on Musharraf's watch from 2000 to 2007. |
As Pakistanis prepare to go to the polls on May 11, it is important that the voters demand an explanation from the incumbent political parties for their extremely poor performance in the social sector. Without accountability, these politicians will continue to ignore the badly needed investments required to develop the nation's human resources for a better tomorrow. Forcing the political leaders to prioritize social sector development is the best way to launch Pakistan on a faster trajectory.
Related Links:
Haq's Musings
Pakistan Human Development: Musharraf Vs Politicians
Pakistan Fares Marginally Better Than India on Health
America Significantly Outweighs Asia
India and Pakistan Suffer Heavy Disease Burdens
India and Pakistan Off Track, Off Target on Sanitation
Study Finds India's Air Most Toxic
Pak Lady Health Workers "Best in the World"
Infectious Diseases Kill Millions in South Asia
WHO Says Pakistan On Track to be Polio Free
Syeda Hamida of Indian Planning Commission Says India Worse Than Pakistan and Bangladesh
Global Hunger Index Report 2009
Is India a Nutritional Weakling?
Wednesday, April 3, 2013
Upwardly Mobile Pakistan's Growing Appetite For International Brands
Consumer spending in Pakistan has increased at a 26 percent average pace the past three years, compared with 7.7 percent for Asia, according to data compiled by Euromonitor International, a consumer research firm. Pakistan's rising middle class consumers in major cities like Karachi, Lahore and Islamabad are driving sales of international brand name products and services. Real estate developers and retailers are responding to it by opening new mega shopping malls such as Dolmen in Karachi and Centaurus in Islamabad.
Here's a recent video of a CNN report on "British Brand Invasion" from Dolmen Mall in Clifton district of Karachi:
http://edition.cnn.com/video/#/video/world/2013/04/01/mohsin-bristish-brands-in-pakistan.cnn
Pakistan has continued to offer much greater upward economic and social mobility to its citizens than neighboring India over the last two decades. Since 1990, Pakistan's middle class had expanded by 36.5% and India's by only 12.8%, according to an ADB report titled "Asia's Emerging Middle Class: Past, Present And Future.
A string of strong earnings announcements by Karachi Stock Exchange listed companies and the Central Bank's 1.5% rate cut have already helped Karachi's KSE-100 index surge nearly 50% (37% in US $ terms) in 2012 to top all Asian market indices. It was followed by Bangkok's SET index which advanced 36%. It also easily beat India's Sensex index which was the top performer among BRICs with 25.19% annual gain.
Dolmen Mall Clifton Featured on CNN from DHAToday on Vimeo.
Related Links:
Haq's Musings
Pakistan's Construction Boom
Educational Attainment in Pakistan
Pakistan Among Top Outsourcing Countries
Foreign Visitors to Pakistan Pleasantly Surprised
Pakistan's Infrastructure and M2 Motorway
India Pakistan Comparison 2011
Resilient Pakistan Defies Doomsayers
FMCG Consumption Boom in Rural Pakistan
Pakistan Visits Open Indian Eyes
Dolmen City, Clifton, Karachi |
Here's a recent video of a CNN report on "British Brand Invasion" from Dolmen Mall in Clifton district of Karachi:
http://edition.cnn.com/video/#/video/world/2013/04/01/mohsin-bristish-brands-in-pakistan.cnn
Pakistan has continued to offer much greater upward economic and social mobility to its citizens than neighboring India over the last two decades. Since 1990, Pakistan's middle class had expanded by 36.5% and India's by only 12.8%, according to an ADB report titled "Asia's Emerging Middle Class: Past, Present And Future.
A string of strong earnings announcements by Karachi Stock Exchange listed companies and the Central Bank's 1.5% rate cut have already helped Karachi's KSE-100 index surge nearly 50% (37% in US $ terms) in 2012 to top all Asian market indices. It was followed by Bangkok's SET index which advanced 36%. It also easily beat India's Sensex index which was the top performer among BRICs with 25.19% annual gain.
Dolmen Mall Clifton Featured on CNN from DHAToday on Vimeo.
Related Links:
Haq's Musings
Pakistan's Construction Boom
Educational Attainment in Pakistan
Pakistan Among Top Outsourcing Countries
Foreign Visitors to Pakistan Pleasantly Surprised
Pakistan's Infrastructure and M2 Motorway
India Pakistan Comparison 2011
Resilient Pakistan Defies Doomsayers
What Pakistan Did Right
Branchless Banking Responds to Pakistan Floods
Pakistan's Rural Economy Recovering
Pakistan's Growing Middle Class
Pakistan is Too Big to Fail
Branchless Banking Responds to Pakistan Floods
Pakistan's Rural Economy Recovering
Pakistan's Growing Middle Class
Pakistan is Too Big to Fail
FMCG Consumption Boom in Rural Pakistan
Pakistan Visits Open Indian Eyes
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