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Jim O'Neill is an economist with Goldman Sachs, who contributed the acronym 'BRIC' to the business-political lexicon to collate four emerging economies: Brazil, Russia, India, and China. Now he has come up with 'MIST', a next set of emerging economies. What are these countries?

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In Jan 2017, Finland became the first country in Europe to officially experiment with this socio-economic concept. Similar experiments are scheduled for many Dutch cities and the Canadian city of Ontario in 2017. In the case of Finland, the figure is 560 Euros a month. What concept?

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