3/3/08

Building BRICs: Gathering Essential Knowledge for the Future

As I was exploring the Web in search for new material, I decided to share some of the superlative resources regarding the BRIC countries that would also serve as a repository for my blog. I selected ten websites that are a combination of organizations, news sites, and blogs that I have included to my linkroll on the right hand column of my blog. The first arena of information that I will address are the global organizations that provide more broad content and statistics about the BRIC nations. First is the Asian Development Bank, which disseminates news and publications about fighting poverty in developing Asian countries. The statistics and reports on the future outlook of two of the BRICs, India and China, contain detailed data with supporting graphs and charts. Another organization with a similar objective of combating poverty is the Department for International Development, which has profiles for each of the BRICs. Despite its ease of navigation and user friendly layout, the website lacks sufficient and up-to-date news and publications for each country. If it could maintain its site with current issues, this association would be a more solid and reliable resource to refer to. The well renown International Monetary Fund has a superb website with a great user interface. It is consistently well organized and the amount of information is not visually overwhelming throughout the website. In addition, it offers an extensive database of publications, news, and data which is why I prioritize this website when searching for information. Rounding up the organizations is the World Bank, which allows for valuable interaction for its users. The e-discussions, blogs, and polls act as mediums of communication to foster meaningful discussion on the latest developments of the BRICs. These arenas of user involvement could be improved if they were linked on the navigation bar instead of being situated towards the bottom of the homepage. The news website, Emerging Markets, is a great hub that connects its viewers with financial news about developing economies; however, it requires a free subscription which is a deterrence for many news readers. Moreover, the site prevents in depth navigation while its appearance is too bland. It was difficult to locate websites that solely publish news on the BRICs. Nevertheless, I did come across Russia BRIC Countries News which acts as a type of web crawler for news articles about the BRIC nations. While this is not a succinct and well established website, it does release highly relevant and current news. A weekly published journal that I have read for several years is The Economist, which provides accurate and compelling insight on developments around the world with frequent witty caricatures, such as the image to the right. Its website is an indispensible tool for gathering information and for encouraging healthy debate in its opinions section. In a personal effort to promote the growing use of blogs as a useful resource, I chose three blogs discussing financial developments in emerging markets. The Analysis of Economies, Financial Markets, and Stock Markets Around the World blog has thought provoking opinions with numerous statistics to support it. With a large archive of information, this blog would generate more traffic if it had more frequent posts and if consideration was put into changing the site’s layout and heading. ETFolio.com is a blog that emphasizes its slogan, “Smart, Global, Powerful.” Its sharp design and supporting side columns verify the feeling and purpose of this blog, which is also used as a marketing platform to attract potential customers to the company’s financial services. A similar valuable resource to collecting data on the BRICs is the JetFin Emerging Markets Blog, which serves as a forum for interactive commentary on important global issues. In my opinion, the blog has useful labels, linkroll, and archive sections, but could benefit aesthetically if it incorporated vivid graphics into its posts. Perusing the web and successfully locating informative websites relating to the BRIC nations was a worthy learning experience. Not only were the homepages of organizations, news sites, and blogs helpful tools to me, but I hope they will serve as convenient external resources for you as well.

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