Whether MIST will change BRIC

August 22,2012-2:01 PM

According to the Chairman of Goldman Sachs Asset Management Jim O’Neill a new, faster developing group of countries MIST – Mexico, Indonesia, South Korea and Turkey is emerging and it has the potential to gradually get ahead of the group of the fastest growing economies today BRIC – Brazil, Russia, India and China. In spite of the biggest economic growth of MIST at the moment, their GDP for 2011 of 3.9 billion dollars is still way below the one of BRIC – 13.5 billion dollars.

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