Araştırma Makalesi

Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method

Cilt: 6 Sayı: 2 1 Ekim 2020
  • Özge Demirkale *
  • Çiğdem Özarı
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Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method

Öz

The main purpose of this research is to measure the performance of Fragile Fives and MINT countries (Brazil, India, Indonesia, South Africa, Turkey, Mexico, and Nigeria), based on macroeconomic and financial indicators between 2015-2019. For this purpose, the TOPSIS method, which is one of the multi-criteria models in decision making, was used. In this method, stock market index, exchange rate, inflation and interest rate were decided to use as the main evaluation criteria. According to the findings obtained from the research, Turkey, which is a member of both MINT and the Fragile Five group, was found to be the country with the lowest macroeconomic and financial performance and Indonesia was found to be the best performing country. In addition, this research presents a numerical application to illustrate the use of the TOPSIS method.

Anahtar Kelimeler

Kaynakça

  1. [1] Ashourian. M. (2012). Evaluating the Rank of Performance of Countries of the Middle East and North Africa with MADM. Journal of Informatics and Mathematical Sciences. Vol. 4. No. 3. 285-292.
  2. [2] Balcerzak A.P. & Pietrzak. M.B. (2016). Application of TOPSIS Method for Analysis of Sustainable Development in European Union Countries. The 10th International Days of Statistics and Economics. Prague. September 8(10). 82-92.
  3. [3] Cihan. Y. & Salur. M. N. (2017). Comparison of the Economic Performance between Turkey and Brics Countries Using TOPSIS Method. Journal of Current Research on Business and Economics. 7(2). 350-358.
  4. [4] Dağdeviren, M., Eren, T. (2001). Tedarikçi Firma Seçiminde Analitik Hiyerarşi Prosesi ve 0-1 Hedef Programlama Yöntemlerinin Kullanılması. Gazi Üniversitesi Mühendislik-Mimarlık Fakültesi Dergisi, Cilt: 16, No. 2, 41-52.
  5. [5] De Almeida, A. T. (2007). Multicriteria decision model for outsourcing contracts selection based on utility function and ELECTRE method. Computers & operations research, 34(12), 3569-3574.
  6. [6] Ela. M.. Doğan. A. and Uçar. O. (2018). Comparıson of EU Countrıes and Turkey’s Macroeconomıc Performannces wıth TOPSIS Method. Osmaniye Korkut Ata University Journal of Economics and Administrative Sciences Vol: 2. Issue: 2. December 2018. pp. 129-143.
  7. [7] Ersöz, F. & Kabak, M. (2010). “Savunma Sanayi Uygulamalarında Çok Kriterli Karar Verme Yöntemlerinin Literatür Araştırması”, Savunma Bilimleri Dergisi, Cilt 9, Sayı 1: 97-125.
  8. [8] Eyüboğlu. K. (2016). Comparison of Developing Countries’ Macro Performances with AHP and TOPSIS Methods. Cankırı Karatekin University Journal of the Faculty of Economics and Administrative Sciences. 6(1). 131-146.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Yazarlar

Özge Demirkale * Bu kişi benim
0000-0002-4227-3934
Türkiye

Çiğdem Özarı Bu kişi benim
0000-0002-2948-8957
Türkiye

Yayımlanma Tarihi

1 Ekim 2020

Gönderilme Tarihi

7 Ağustos 2020

Kabul Tarihi

21 Eylül 2020

Yayımlandığı Sayı

Yıl 2020 Cilt: 6 Sayı: 2

Kaynak Göster

APA
Demirkale, Ö., & Özarı, Ç. (2020). Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method. Florya Chronicles of Political Economy, 6(2), 171-192. https://izlik.org/JA33HT85BT
AMA
1.Demirkale Ö, Özarı Ç. Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method. FCPE. 2020;6(2):171-192. https://izlik.org/JA33HT85BT
Chicago
Demirkale, Özge, ve Çiğdem Özarı. 2020. “Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method”. Florya Chronicles of Political Economy 6 (2): 171-92. https://izlik.org/JA33HT85BT.
EndNote
Demirkale Ö, Özarı Ç (01 Ekim 2020) Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method. Florya Chronicles of Political Economy 6 2 171–192.
IEEE
[1]Ö. Demirkale ve Ç. Özarı, “Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method”, FCPE, c. 6, sy 2, ss. 171–192, Eki. 2020, [çevrimiçi]. Erişim adresi: https://izlik.org/JA33HT85BT
ISNAD
Demirkale, Özge - Özarı, Çiğdem. “Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method”. Florya Chronicles of Political Economy 6/2 (01 Ekim 2020): 171-192. https://izlik.org/JA33HT85BT.
JAMA
1.Demirkale Ö, Özarı Ç. Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method. FCPE. 2020;6:171–192.
MLA
Demirkale, Özge, ve Çiğdem Özarı. “Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method”. Florya Chronicles of Political Economy, c. 6, sy 2, Ekim 2020, ss. 171-92, https://izlik.org/JA33HT85BT.
Vancouver
1.Özge Demirkale, Çiğdem Özarı. Assesstment of Macroeconomic and Financial Performance of Fragile Five and MINT Countries Using TOPSIS Method. FCPE [Internet]. 01 Ekim 2020;6(2):171-92. Erişim adresi: https://izlik.org/JA33HT85BT