International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Is Turkey Far from BRIC Countries?
Oguz Demir

This paper examines the increasing role of BRIC Countries in global economy and provides a descriptive data analysis for comparison of Turkey with BRIC countries. In this paper in three main economic indicators –GDP, international trade and FDI- Turkey and BRIC countries has been compared among each other and with major developed economies like EU, USA and Japan to understand better the positioning of those developing economies. After the descriptive data analysis it has been seen that while BRIC countries are increasing their importance with leadership of China in global economy, Turkey has more to do especially in terms of international trade and FDI movements to be considered in the same league with BRIC Countries.

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