South Asia Investor Review

Pakistan is in the middle of multiple serious crises. But the vast majority of Pakistanis feel that they have better lives than their parents did, and they think their children will have even better lives than theirs, according to a Gallup International Poll of 64 countries conducted from August to October last year. The poll asked two questions: 1) Do you feel your life is better, worse or roughly similar to that  of your parents? and 2) Do you think your children will have a better, worse or roughly the same life as you? The answers to these questions reveal that Pakistanis are among the top 5 most positive nations among 64 countries polled by Gallup International. Anecdotal evidence in terms of packed  shopping malls and restaurants  in Pakistan's major cities confirms it. Such positivity augurs well for Pakistan's prospects of successfully dealing with the current crises. It will drive the nation's recovery.  Doing Better Than Parents. Source: Gallup Internationa...

A recent study shows that  Pakistani-Americans  are among 5 most  upwardly mobile  groups in the United States. Other top most upwardly groups are Chinese-Americans from Hong Kong, Taiwan and People's Republic of China and Indian-Americans. US Offers Upward Mobility For Immigrants:  Immigration to the United States continues to offer a route to escape poverty — if not for poor immigrants themselves, then for their sons, according to a study published by a team of economic historians at Princeton,  Stanford  and the University of California, Davis. Average income rank of sons with parents in 25th percentile. Source: New York Times Top 5 Upwardly Mobile Groups in America: The  study  shows the adult outcomes of sons born in 1980 who grew up in poor families at about the 25th percentile of income distribution in the United States. Pakistani-American sons born in poor households are now at 59th percentile of income in the United ...