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From www.bbc.com - December 19, 2014 11:11 AM

Bob Beaven's curator insight, February 5, 2015 2:05 PM

Mexico, along with the other countries in the MINT category, are developing countries that could one day become economic powerhouses. Mexico, as noted in the article, is in a strong position to become an economic powerhouse, due to the fact that it is in between the United States and the developing countries to its south. Mexico does face a battle however, as the country has been dominated by corruption for decades, yet the new president, who is young and energetic, is attempting to reform the system and put an end to the wide spread problem. If Mexico can become a major economic powerhouse, it along with Canada and the United States, could from a strong North American Trio, originally envisioned when the NAFTA was signed into law, back in the 1990s.

Kristin Mandsager San Bento's curator insight, March 1, 2015 10:00 PM

The MINT countries aren't that surprising. After China purchased some of the US debt, it really opened my eyes to who the new powerhouse is. Mexico could certainly be another powerful country if they could get their act together. It will be interesting to see the shifts taking place in the next 20 years.

David Stiger's curator insight, December 2, 2018 3:57 PM

The West should note that other parts of the world are catching up in terms of economic development. The focus on these non-Western countries is shifting away from the classic BRIC nations (Brazil, Russia, India, and China). The MINT countries - Mexico, Indonesia, Nigeria, and Turkey - are on the rise. Two interesting geographic aspects give these countries an advantage. First is that they have young populations who are entering the workforce. Unlike the Western nations and China, the young people outnumber the older people who are contributing to the economy less and less. The second advantage is their relative geographic location. Mexico is situated between the United States and Latin America. Both offer access to an abundance of trade opportunities. Indonesia also has superior access to trade by being located in the middle of the South East Asia along with an important link to China. By being near the middle of Africa, and with access to the western coastline, Nigeria is also in an excellent position for trade. This will be a future benefit until Africa's internal wars settle and stable trade relations can ensue.

The major struggles that the MINT countries share are twofold: The first is corruption. Fortunately, corruption is a human problem with a human solution and can be remedied. Secondly is a lack of infrastructure. If the corruption issues can be cleaned up, more resources can be diverted to reform and big projects that develop a country's transportation systems, communication, networks, and energy grids. These three factors will enable trade and provide immediate economic relief in the form of local jobs. With more capital available and higher incomes, education can become a priority like it is within many Western societies. Higher education increases job opportunities and innovation furthering even more economic growth.

Western nations need not fret in the face of rising competition. The plus side is that with more globalized economies becoming interconnected, the greater cooperation can develop to solve environmental problems while negating the desire to go to war.

Why are the MINTcountries special?