BRIC vs MIST- Where should your FDI $ be going?

 

After our class that focused on Burger King and their Russian expansion I had a little debate with some of my group members. I had mentioned how I thought it was naïve to think that BK could maintain a perfectly ethical business practices while having to deal with notoriously corrupt Russian government. This got me thinking as to how there is all this hype to investing in BRIC countries (Brazil, Russia, India and China) despite it seemingly like such a headache to deal with local regulations and practices. This is why I did some research to find a second grouping of countries worth investing in grouped by an acronym. MIST countries (Mexico, Indonesia, South Korea and Turkey) have all the up and coming appeal to them but with less government officials looking to keep their hands in your pocket. Of course the downside to MIST is a much smaller population and each country has its faults. Specifically I point to the instability while the Syrian civil war’s violence spills over to Turkey and South Korean growing tensions with their Northern counterpart. Having said that given well researched and strategic planning I think MIST countries are vast in opportunities.

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