Alumni perspective: the rise of the MINTs?


Predicting the shape of the future world economy, and specifically who the next economic giants will be, has provided fertile ground for economists and pundits alike.

In 2001, Jim O’Neill of Goldman Sachs coined the term BRIC (Brazil, Russia, India and China) with predictions that these countries would go on to be global powerhouses. Since then we have seen a host of other acronym-based predictions of future economic domination including the CIVETs (Colombia, Indonesia, Vietnam, Egypt and Turkey) and the PINEs (Philippines, Indonesia, Nigeria and Ethiopia), amongst many others.

O’Neill returned to the debate in early in 2014, naming a new group of countries with the potential to become economic giants - the MINTs (Mexico, Indonesia, Nigeria, Turkey). All four are characterised by large populations, rising numbers of working age people and placement in geographically key trade areas.

We ask four Henley alumni to give their perspective on the MINT countries and how they see the potential to become the next global powerhouses based on their experience on the ground:



Mexico: Gustavo Fuertes

In the past 18 months Mexico engaged a series of structural reforms that have the intention to overcome historical deficiencies...

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Indonesia: Daman Junikatriawan

Indonesia is one of the region’s most important countries and on track to become a key global player...

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Nigeria: Flora Omosevwerha

Perception as we know is a powerful thing and Nigeria has weathered more negative publicity in the media than positive...

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Turkey, Indonesia and Mexico: Rohit Gupta

In a 25 year career with HSBC and Citi I have been fortunate to have had the opportunity to live in seven different countries, including three of the MINT countries...

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