Making a Mint: but is there a hole in Jim O'Neill's theory?

There's more to analysing emerging markets than finding a good acronym

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(Image credit: 2010 AFP)

JIM O'NEILL, the Mancunian former chief economist at Goldman Sachs, famously coined the acronym "Bric" in 2001 to describe the four rapidly developing countries - Brazil, Russia, India, China – to which economic power looked set to shift. Now he's back with a new line-up, says Sally Hamilton on Thisismoney.co.uk, and now the airwaves are saturated with talk of the "Mints": Mexico, Indonesia, Nigeria and Turkey, which O'Neill argues have "potential to be powerhouses of the world economy". Is he right?

Brics, Civets and the Next 11

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