CORPORATE WINDOW: Taking a long position on Pakistan
Expecting the stability of a developed market and growth rates of a developing market is unreasonable; it is a high risk, high return scenario,” says Unilever’s Chairman and CEO Amir Paracha in an interview with Dawn. Companies that withdraw during challenging periods often miss out on substantial opportunities, Mr Paracha argues, citing examples of international banks and foreign pharmaceutical companies. As these firms retreated, local companies thrived, filling the gaps left behind. While this shift may have benefited the local economy, it has also led international companies to forgo potential long-term gains.