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Pakistan and the Wrong Road
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Pakistan and the Wrong Road

Our Correspondent
Jan 12, 2013
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Pakistan and the Wrong Road
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Seemingly against the odds, Pakistan's stock market has continued to defy expectations, outperforming the rest of Asia outside Japan for the past 18 months and all of the emerging markets since last March.

Since January 2009, the average annual return for the MSCI Pakistan Index has been 31 percent, beating MSCI Emerging at 19 percent, and Frontier marke…

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