Abstract
When cross-country classification are made, countries which having a rapidly growing economy, attracting foreign direct investment and affecting global economies, are referred to as emerging market economies. Prominent countries in emerging market economies are briefly referred to as BRICS (Brazil, Russia, India, China and South Africa) name. In the study, financial performances of BRICS (Brazil, Russia, India, China, South Africa) countries and Turkey have been analyzed, with TOPSIS method which one of the Multi Criteria Decision Making Techniques (MCDM), using macroeconomic data. The method has been applied five macroeconomic data for 2004-2014 and countries’ performances are evaluated according to the results obtained. Countries are ranked according to results so Turkey’s place is determined.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Journal of Current Researches on Business and Economics
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.