Ease Of Doing Business Index In Global Trade And Turkey: A Comparative Review
AKKAN, Muhammet Mustafa; YAYLA, Tufan
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Abstract
Ease Of Doing Business Index In Global TradeAnd Turkey: A Comparative Review-Küresel Ticarette İş Yapma Kolaylığı Endeksi ve Türkiye: Karşılaştırmalı Bir İnceleme The Ease of Doing Business Index, which has been prepared annually by the World Bank since 2004, analyzes the business regulations affecting the investment climate in member countries. In the index; a comparative evaluation is presented based on various indicators such as company formation, tax policies, employment, licensing process, investor protection. The top countries are those that are easy to do business with, regular and have strong protections for their assets. Improving the investment environment facilitates the inflow of foreign direct investment and gives countries momentum towards economic growth. Turkey, on the other hand, seems to have failed to make the expected economic leap since the 2008 crisis. Foreign direct investments in the country have decreased significantly, especially in the last three years. In this study, the situation of Turkey, the main countries and developing countries in the Ease of Doing Business Index will be examined comparatively. The change in foreign direct investments in the relevant countries will be analyzed and discussed together with the Index data.... Show more Show less