Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

 

Term of the day

Mint economies

Jim O'Neill, the former Goldman Sachs economist who coined the term Bric to refer to the emerging economies of Brazil, Russia, India and China began to talk up the prospects of another group of emerging nations in November 2013. He wrote that the Mint economies of Mexico, Indonesia, Nigeria and Turkey all had favourable demographics and interesting economic prospects, the same criteria he had accurately used to predict future growth of the Bric economies.

 

Mint economies in the news

In November...