Economic acronyms are very much a 21st century trend, with BRIC and CIVET among those used in corporate jargon since the turn of the millennium.
MINT (Mexico, Indonesia, Nigeria and Turkey) is the latest to be coined and made the headlines just a few days into the new year, described as potentially the next collective of economic giants.
With shared strengths in demographics and geographic positions, it is thought that some of these nations might be able to replicate the kind of growth shown by China in the last 10 years. China is of course part of the BRICs (Brazil, Russia, India and China) bracket that it is suggested MINT could replace as the next major window of economic opportunity.
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