Mint condition
The markets of Mexico and Indonesia present opportunities and risks. GoodCorporation analyses the prospects for businesses in these emerging markets in the January 15 edition of Governance & Compliance Magazine
Much has been written about the potential and economic performance of the BRIC countries – Brazil, Russia, India and China. As growth in these markets slowed, the question being asked was where next? Investor attention began to shift to other so-called frontier markets, particularly the MINT countries – Mexico, Indonesia, Nigeria and Turkey.
Goldman Sachs economist Jim O’Neill predicts that the MINT countries will be the next economic giants to emerge. Focusing on Mexico and Indonesia, both of these countries offer huge potential.
They are rich in commodities, geographically well located and their own consumer markets are ripe for development. As a number of major international corporations have discovered, however, the challenges of operating in these markets can lead to reputational damage and high profile investigations much closer to home.