Some of the countries that draws attention with their economic developments in recent years are Brazil-Russia-India-China and South Africa. These countries have began to called as a different name by managing to climb onto the performance of developed economies: BRICS countries. The main reasons of common name are that both of them have a young and growing population, developed infrastructure, ability to attract foreign direct investment and to create high-growth opportunities thanks to cheap labor in parallel with low production costs, increasing export value, foreign exchange reserves and national income quickly, being the countries that less affected from the economic crisis. Macroeconomic performance of these countries which have a significant share in the world economy in the context of economic and social indicators is worth examining. In this study, the BRICS countries' macroeconomic indicators are compared with T-BRICS group which include the Turkish economy, descriptively. At the end of the study, it is seen that the Turkish economy’s performance is poor compare to BRICS countries
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|