Creando cursor con Dynamic SQL en MySQL

No se permite un DEFINE cur CURSOR FOR prepare_statement, debe definir una declaración SQL válida. La buena noticia es que puede definir el cursor en una vista que se puede crear dinámicamente más adelante. Por ejemplo...

DROP PROCEDURE IF EXISTS my_dynamic_proc;
DELIMITER //
CREATE PROCEDURE my_dynamic_proc(tablename varchar(64), fieldname varchar(64), country VARCHAR(64))
BEGIN
    DECLARE adr_value varchar(500);
    DECLARE done BOOLEAN DEFAULT FALSE;
    -- Cursor definition
    DECLARE cur1 CURSOR FOR SELECT address FROM tmp_view_address;
    DECLARE CONTINUE HANDLER FOR NOT FOUND SET done = TRUE;
    -- Dynamic view definition and creation
    SET @v = concat('CREATE OR REPLACE VIEW tmp_view_address as SELECT `',fieldname,'` as address FROM ',tablename,' WHERE country_name = "',country,'" group by 1 order by count(1) desc');
    PREPARE stm FROM @v;
    EXECUTE stm;
    DEALLOCATE PREPARE stm;
    -- Open cursor
    OPEN cur1;
    read_loop: LOOP
      FETCH cur1 INTO adr_value;
      IF done THEN
        LEAVE read_loop;
      END IF;
      -- Basic output result
      SELECT concat("My address is ",adr_value);
      -- Use every result in a dynamic update
      SET @u = concat('update ',tablename,' set new_field_address = "',adr_value,'" where country_name = "',country,'" and new_field_address is null');
      PREPARE stm FROM @u;
      EXECUTE stm;
      DEALLOCATE PREPARE stm;
  END LOOP;
  CLOSE cur1;
END//
DELIMITER ;