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MINT: Sources of Economic Information

Mexico, Indonesia, Nigeria, and Turkey comprise the countries referred to by the acronym MINT. This research guide provides access to online and print resources for researching the economies of these countries.

Introduction

MINT countries on the world map
Map of the countries comprising MINT – Mexico, Indonesia, Nigeria, Turkey. Courtesy of Wikipedia,External Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0).External

MINT, or “MINT countries” refers to the economies of Mexico, Indonesia, Nigeria, and Turkey. This acronym was devised by Fidelity Investments in 20111, and popularized in 2013 by Jim O’Neill 2, the former chief economist of Goldman Sachs. MINT countries were grouped together based the following characteristics:

  • Large populations (primarily under 30 years of age)
  • Demonstration of rapid economic growth
  • Developing middle class
  • Entrepreneurialism

MINT is one of the many acronyms used by finance professionals and academics to group similar emerging economies. Additional emerging market groupings by acronym include: BRICS, CIVETS, VISTA, MIST/ MIKT/TIMS, Next 11, and many others. MINT countries can be more specifically classified as "frontier markets" because their economies were smaller than those of BRIC countries at the time the term was coined. MINT countries were projected to have favorable demographics and positive economic prospects at least for the next two decades.

The goal of this guide is to provide general starting points for researching MINT countries. It is not comprehensive, and does not include information on investing or investment sectors. It is one of several introductory research guides produced by Business Reference Services focusing on emerging economies. This guide will suggest sources of information—primarily on the web—as well as resources available at the Library of Congress. This guide will also suggest relevant journal titles to begin learning about and pursuing research on this topic.

Background Information

Cited below are select articles tracing the development and popularization of the MINT acronym, and general web resources defining MINT.

Notes

  1. Frasier, Ian. "Fidelity is confident its MINTs won't suck." External QFinance. May 10, 2015. Back to text
  2. O’Neill, J. "Who you calling a BRIC?" External Bloomberg View. November 12, 2013. Available to subscribers only. Back to text