For human geographers, MINT is the new acronym on the block. Jim O’Neill, who coined the BRIC catch-phrase back in 2002, has re-focused his attention — and ours — on Mexico, Indonesia, Nigeria and Turkey. Each has a large, youthful population capable of delivering a demographic dividend (see Further reading). At a glance, Figure 1 shows three of the four MINT states out-performing the BRIC economies in 2013, with the exception of China. They certainly seem to stand out from the crowd, in line with what O’Neill, who used to be a chief economist with Goldman Sachs, is saying.
It is interesting to note, however, that Nigeria was not among O’Neill’s first choice of ‘next generation’ growth economies. He originally outlined a ‘MIST’ group, including South Korea, as his latest focus for a new BBC documentary. But the producers wanted a fast-growing African country to be included, in order to ensure their audience was given a truly global perspective on development. Thus, the MINT moniker was born.
Your organisation does not have access to this article.
Sign up today to give your students the edge they need to achieve their best grades with subject expertise
Subscribe