Abstract:

In the study, it is aimed to evaluate the macroeconomic performance of Turkey in 2008-2021 period with the integrated CRITIC-based MABAC approach. Many criteria are used to evaluate the macroeconomic performance of developed, developing and underdeveloped countries. Here, Turkey's macroeconomic performance is analyzed by considering criteria such as economic growth, investment rate, export rate, import rate, current account balance rate, unemployment rate, inflation rate and interest rate. In the study, it is determined that the export rate criterion has the highest level of importance. With the increase in exports, it is expected that a balanced exchange rate policy would be formed, and the foreign trade deficit would be closed. While Turkey achieved the lowest macroeconomic performance in 2008, when the global financial crisis was experienced, it is determined that she achieved the highest macroeconomic performance in 2015. It is understood that an unstable macroeconomic performance emerged in the related period due to the effects of many factors such as chronic inflation, exchange rate shocks, insufficient foreign exchange reserves and high borrowing costs.

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