It may be the sixth largest country by population, but up to this point, a broad-based ETF option on the economy has not existed. That changed recently as Global X officially launched the Global X MSCI Pakistan ETF (NYSEARCA:PAK).
The launch of the ETF comes at a complicated time for the country. While Pakistan has some economic prospects, it's still considered a pre-emerging economy, and therefore, carries a great deal of uncertainty and instability. Not helping the country's prospects is its reputation as a harbor for terrorists.
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