Online Resources Devoted to Emerging Markets - dummies

Online Resources Devoted to Emerging Markets

By Ann C. Logue

To find out the latest on emerging markets, you can turn to the Internet with its wealth of blogs and Web sites that contain useful investing info. The following links bring you to sites with information specific to emerging markets.

  • BBC Country Profiles: The British Broadcasting Corporation’s World Service has been broadcasting to and about the far corners of the globe for decades. On the BBC Web site, you can find a good overview of almost every country on earth, often with video and audio clips from the BBC’s archives.

  • CIA World Factbook: The U.S. Central Intelligence Agency makes it its business to know what’s happening in the world. The World Factbook is a directory of countries that gives you basic information on each nation’s economy, people, and politics. You don’t need top-secret security clearance, either.

  • Doing Business: The World Bank has compiled a ton of information on the relative ease (or difficulty) of doing business everywhere in the world. You can find out how long it takes in a given country to start a business, hire employees, fire employees, or file for bankruptcy. These facts can tell you how ready a country is for modern capitalism.

  • Emerging Markets Private Equity Association: If your interest is private equity and venture capital, this group will keep you up on the trends!

  • Goldman Sachs BRICs Research: Analysts at Goldman Sachs, a major investment bank, coined the term BRICs for the largest emerging markets (Brazil, Russia, India, and China). Most of the firm’s research is for its clients only, but it makes some research available to the public.

  • Investment Adventures in Emerging Markets: Mark Mobius was one of the first investors to get excited about emerging markets. He’s a strategist at Franklin Templeton, a large mutual fund company, and he keeps a blog on the firm’s Web site with his observations about different markets around the world.

  • MHz Networks: This is a television service that broadcasts over several public TV stations and satellite providers all over the United States. In addition to Australian football games and Taiwanese sitcoms, MHz broadcasts hours of English-language news from networks all over the world, some emerging and some developed. You can find out the latest from South Africa, Russia, Japan, or the Middle East from the comfort of your living room. If the network isn’t available where you live, the MHz Web site can direct you to shows with online video or podcasts.

  • The Millennium Challenge Corporation: The U.S. government funds many economic development projects through the Millennium Challenge Corporation, which was founded to work on eliminating poverty. The MCC Web site has much information on frontier and pre-emerging markets where various aid programs are being funded, including information on how much economic progress participating countries have made.

  • MSCI Barra: MSCI Barra provides data to professional investors. Among its many products are its emerging- and frontier-markets indexes, which investors use to determine what countries are emerging markets and how they perform. You can find a lot of great historic data on this site.

  • The Organisation for Economic Cooperation and Development: The OECD represents the world’s developed economies, but its staff does extensive research on economic matters everywhere. You’ll find a lot of great data and news on development matters affecting everyone.

  • Roubini Global Economics: This firm is operated by Nouriel Roubini, an economist who has often been controversial — and correct — in his calls on global financial markets. This Web site includes news and observations from his staff about the situation in almost all the world’s markets.

  • Islamic finance is a hot area in emerging-market investing because many of the world’s growing economies are populated by Muslims who want to invest according to their religious beliefs. This site runs news and information about Islamic finance.

  • World Bank’s World Development Indicators: The World Bank maintains a database of historic economic indicators for almost every country on earth. You can download information into spreadsheets to do further analysis.

  • World Future Society: An organization that looks for future trends, the people here aren’t clairvoyant or mystical; they just want to see whether they can figure out how things are changing. Because the world economy’s focus has been shifting away from developed countries to a more diverse mix, much of the World Future Society’s work ties into emerging markets.

If you find a Web site in a language that you don’t read, you can use the Google translate tool to get a halfway-decent translation. Paste text into the box and select the language to translate to.