THE MISERY INDEX: AN EVALUATION ON FRAGILE FIVE COUNTRIES

Author:

BÜYÜKSARIKULAK Ahmet Mesut1,SULUK Seher

Affiliation:

1. Selçuk Üniversitesi, Doğanhisar MYO

Abstract

Evaluation of a country’s macroeconomic performance is important in terms of policies to be created and implemented. Misery index is widely used to measure and evaluate a country’s macroeconomic performance and people’s life satisfaction. The aim of this study is to evaluate the macroeconomic performance of the Fragile Five (Brazil, India, Indonesia, South Africa and Turkey) countries between 2010-2021 by calculating the misery index and to reveal the position of Turkey among these countries. According to the results, it is determined that while Indonesia shows the best performance, Turkey shares the last place with South Africa.

Publisher

Abant Izzet Baysal University Graduate School of Social Sciences

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