Move Over, BRICs. Here Come the MISTs

Goldman Sachs’s Jim O’Neill touts another acronym
The headquarters of Goldman Sachs Group in New York Photograph by Scott Eells/Bloomberg

In 2001, Jim O’Neill kicked off a decade-long investment boom with a catchy acronym for the four largest emerging-market economies—Brazil, Russia, India, and China. The Goldman Sachs Asset Management chairman is now promoting a new foursome of fast-track countries: Mexico, Indonesia, South Korea, and Turkey.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.