Abstract:

The Covid-19 epidemic crisis, which started in March 2020, hit many developed and developing countries hard and prevented the achievement of the sustainable development goals. This situation has created an obstacle especially for the developing countries. The Covid-19 epidemic crisis has changed the supply and demand balances of the world economies. This situation caused crises especially in financial markets. Aid provided by developed countries is insufficient, especially for countries with weak economies and insufficient access to international capital markets. Most of the developed countries that should have helped already have faced worsening macroeconomic conditions such as economic growth, production output, employment rate, finances and amount of debt. At a time when the interaction of global economies is increasing rapidly, developing and underdeveloped countries are increasing their efforts to attract foreign resources to their countries. Although these countries want to attract investments, the investments they can attract will only be in the form of direct investments, especially since the financial markets of underdeveloped countries are very underdeveloped. Here, too, various factors such as competitive advantage, low cost raw materials, low wage labor, legal infrastructure and security come into play in those countries, and it is not possible to reach the minimum targeted investment goals. In this study, apart from the importance of the political, economic and local factors of the countries in international investments, the effect of international capital investments on the financial tables of both the world countries and Turkey during such an epidemic was evaluated. In the study, the situation regarding the epidemic process was explained in the light of the data calculated by the authors. As a result, the epidemic has caused deep shocks to the countries not only in the field of health but also in the economic sense. Countries should create both short-term and long-term economic policies and try to advance this process in a controlled manner with the least damage, taking into account the mutual interactions within the global system. It is likely that countries that have succeeded in turning crises into opportunities will profit from the process.

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