Now that you’ve grown accustomed to the BRIC economies (Brazil, Russia, India, and China), here comes MINT, MIST, PINE, and CIVETS. Sound like alphabet soup? Well, it is — but it’s also the shorthand of economists trying to draw a circle around the growth economies of the next decade.
Mexico, Indonesia, Nigeria, Turkey, and Vietnam are among the most frequently mentioned “next-gen” economies poised to create new centers of opportunity during global economic recovery. None of them lack challenges — from infrastructure to corruption — but they boast young populations and advantageous geography — and all are valuable commodity producers.
Discover why India is poised for economic prosperity — and what’s needed to make it happen.