TURKEY IN TERMS OF GLOBAL COMPETITION

Abstract

Competition is one of the most important concepts that define the century in which we are living in economic terms. Global computations are made for competition, which is also the case for many topics that are the concern of many states with the impact of globalization. The Global Competition Index, which is created with the data that are directly related to the economy like the technological development, innovation, efficiency of economic stability, education, health, finance, effort, and product sectors, is prepared in this context and is an important source followed closely by countries. Although Turkey is among the first 20 economies of the world, it is in the 50-60 band according to the data of the Global Competition Index data. This study aims to compare the place of Turkey in the world over the factors that influence its competition potential in general, specifically by comparing it with developed countries. The study was designed in three main sections. In the introduction, the importance of competition in the current period is explained. In the first part, global indicators of competition are examined. In the second part of the competition level factors affecting Turkey were discussed. The last section made comparison acting on Turkey’s ranking areas were revealed.