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Journals / JOEEP: Journal of Emerging Economies and Policy / 2025 / Cilt: 10 Sayı: 2

Assessment of Political Stability, Human Development and Economic Freedom Performance of BRICS-T Countries: A Hybrid MCDM Approach

BRICS-T Ülkelerinin Siyasi İstikrar, İnsani Kalkınma ve Ekonomik Özgürlük Performansının Değerlendirilmesi: Hibrit MCDM Yaklaşımı

Toprak Ferdi Karakuş(ÇAĞ ÜNİVERSİTESİ)0000-0002-5041-2009
Emre Kadir Özekenci(CAG UNIVERSITY)0000-0001-6669-0006
Pages
483–505
Publication Date
2025-12-19
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Overall findings indicate that the United Arab Emirates, South Africa, and India show the highest performance, while the Russian Federation, Ethiopia, and Iran rank lowest in terms of the evaluated indicators.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study evaluates the performance of BRICS-T countries in terms of political stability, human development, and economic freedom using hybrid multi-criteria decision-making (MCDM) methods.
📊
Key Findings & Data:The weights of the criteria were calculated using the MEREC method, while the performance rankings of the countries were determined through CRADIS, SPOTIS, and RSMVC methods.
💡
Conclusion & Impact:Overall findings indicate that the United Arab Emirates, South Africa, and India show the highest performance, while the Russian Federation, Ethiopia, and Iran rank lowest in terms of the evaluated indicators.
🔬Design:Review & Systematic Survey
📍Scope:Comprehensive Sample
⚙️Variables:Siyasi istikrar · Ekonomik özgürlük · MCDM

Abstract

This study evaluates the performance of BRICS-T countries in terms of political stability, human development, and economic freedom using hybrid multi-criteria decision-making (MCDM) methods. Based on a literature review, the criteria were determined as voice and accountability, political stability and absence of violence/terrorism, government effectiveness, regulatory quality, rule of law, control of corruption, economic freedom index, and human development index. The data were obtained from the World Bank, Heritage Foundation, and UNDP reports. The weights of the criteria were calculated using the MEREC method, while the performance rankings of the countries were determined through CRADIS, SPOTIS, and RSMVC methods. According to the MEREC results, the most important criteria were identified as human development index, regulatory quality, and voice and accountability, whereas control of corruption, government effectiveness, and economic freedom index were the least important. Overall findings indicate that the United Arab Emirates, South Africa, and India show the highest performance, while the Russian Federation, Ethiopia, and Iran rank lowest in terms of the evaluated indicators.

Özet

Bu çalışma, BRICS-T ülkelerinin siyasi istikrar, beşerî kalkınma ve ekonomik özgürlük performanslarını hibrit çok kriterli karar verme (ÇKKV) yöntemleriyle değerlendirmektedir. Literatür taramasına dayanarak belirlenen kriterler; katılım ve hesap verebilirlik, siyasi istikrar ve şiddet/terörün yokluğu, devlet etkinliği, düzenleyici kalite, hukukun üstünlüğü, yolsuzluk kontrolü, ekonomik özgürlük endeksi ve insani gelişme endeksidir. Veriler Dünya Bankası, Heritage Foundation ve UNDP raporlarından elde edilmiştir. Kriter ağırlıkları MEREC yöntemiyle hesaplanmış; BRICS-T ülkelerinin performans sıralamaları ise CRADIS, SPOTIS ve RSMVC yöntemleriyle yapılmıştır. MEREC sonuçlarına göre en önemli kriterler insani gelişme endeksi, düzenleyici kalite ve katılım ve hesap verebilirlik olarak belirlenmiş; en az önemli kriterler ise sırasıyla yolsuzluk kontrolü, devlet etkinliği ve ekonomik özgürlük endeksidir. Genel sıralama sonuçları Birleşik Arap Emirlikleri, Güney Afrika ve Hindistan’ın en yüksek performansa; Rusya Federasyonu, Etiyopya ve İran’ın ise en düşük performansa sahip olduğunu göstermektedir.

🔖

Cite This Article

Karakuş, T. F., Özekenci, E. K. (2025). Assessment of Political Stability, Human Development and Economic Freedom Performance of BRICS-T Countries: A Hybrid MCDM Approach. JOEEP: Journal of Emerging Economies and Policy, Cilt: 10 Sayı: 2, 483–505. https://ajindex.com/articles/1504131

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