What goes up, must come down. By all measurements, at least two of the BRIC countries – Brazil and China — have come off the boil. Now the Private global intelligence firm Stratford has come up with a post-China 16 list of countries that could follow China’s low-wage, high-growth strategy to emerging status. The MIST countries – Mexico, Indonesia, South Korea, and Turkey – are a cut above that, but they are fast closers. But to be sure, neither China nor Brazil are going to disappear, they’ve just come back to earth.
Read Mimi Whitefield’s Miami Herald article here:
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