Abstract:

Today, it has become a necessity for countries to adapt to the globalized and changing world in all areas. Developed countries, in particular, have realized the need for change and have updated their management philosophies based on performance measurement and effective/efficient use of resources. Therefore, countries that want to keep up with change, like developed countries, should monitor their performance in various areas and place in the world using various indicators. Global indices are one of the most important indicators that allow countries to compare their performance with other countries and identify their global weaknesses/strengths in many areas. In this study, using the CRITIC-based CoCoSo method, the performances of OECD countries between 2015 and 2019 were compared within the context of socio-economic global indices. First, weights for indices were determined in the study using the CRITIC method. According to the CRITIC method's findings, the GINI index has the most weight for all years. Subsequently, the performances of OECD countries were compared in the context of the global indices with the CoCoSo method using the weights determined according to the CRITIC method. The analysis showed that the best-performing country between 2015 and 2019 was Denmark and the worst-performing country was Mexico.