South Asia Investor Review

Economic mobility across generations, also known as intergenerational mobility (IGM), is a key measure of human progress. It shows that Pakistan is doing relatively well, according to a World Bank sponsored study. The analysis examines whether those born in poverty or in prosperity are destined to remain in the same economic circumstances into which they were born, and looks back over a half a century at whether children’s lives are better or worse than their parents’ in different parts of the world. Inter-Generational Income Mobility Map of the World 2018. Source: World Bank Intergenerational Income Mobility Study: The World Bank study uses a newly created 2018 database—the Global Database of Intergenerational Mobility (GDIM)—that covers more than 95 percent of the global population.  Intergenerational income mobility measures how children's incomes compare with their parents' incomes at similar stages of life over a period of 50 years. Inter-Generational Income I...

More and more  Pakistanis are sharing  in their nation's development, according to World Economic Forum (WEF). Pakistan ranks 47 among 74 emerging economies ranked for inclusive development by WEF released recently at Davos, Switzerland. Inclusive development in the South Asian country has increased 7.56% over the last 5 years. World Economic Forum assesses  inclusive development   based on "living standards, environmental sustainability and protection of future generations from further indebtedness." WEF Inclusive Development Report 2018: The WEF inclusive development index ranks  Pakistan at 47 , below Bangladesh at 34 but above India at 62. The 7.56% rate of increase in inclusive development in Pakistan is higher than 4.55% in Bangladesh and 2.29% in India. China ranks 26 and its inclusion is rising at a rate 2.94%. WEF IDI Rankings. Source: WEF Pakistan has improved its ranking from 52 last year to 47 this year, while India's rank worsened to 62...