scholarly journals Evaluation of human capital performance of the countries by CRITIC and COPRAS methods: an application on the members of the organization of the black sea economic cooperation

2021 ◽  
Vol 120 ◽  
pp. 01003
Author(s):  
Mahmut Masca

This study aims to evaluate the members of the Black Sea Economic Cooperation Organization (BSEC) in terms of human capital performance using CRITIC (Criteria Importance Through Intercriteria Correlation) and COPRAS (Complex Proportional Assessment) methods. A hybrid method has been used in analysis. This integrated model consists of a combination of CRITIC and COPRAS methods. The CRITIC method was used to find the objective weights of the criteria. The COPRAS method was used to rank the countries according to their performance. The infant mortality rate (per 1,000 live births), unemployment rate (percentage of the total labour force), average life expectancy at birth, total (years), labour force participation rate (percentage of the total population aged 15-64), current health expenditure (percentage of GDP), internet users (percentage of the total population) and population aged 15-64 (percentage of the total population) are used as criteria for measuring the human capital of countries. 2000, 2005, 2010, 2015, and 2018 data of the countries were used in the study. According to the analysis result, Serbia, Greece, Romania in 2000, Greece, Romania, Bulgaria in 2005, Greece, Russia, Bulgaria, in 2010, Russia, Moldova, Bulgaria in 2015, Russia, Romania and Bulgaria in 2018 are the top three countries with the highest human capital performance. Countries with the lowest human capital performance are as follows: Azerbaijan, Albania, Armenia in 2000 and 2005; Azerbaijan, Armenia, Turkey, in 2010; Turkey, Azerbaijan, Albania in 2015 and 2018.

Author(s):  
Sedat Murat ◽  
Sefer Şener ◽  
Burcu Kılınç Savrul

Trade liberalization is one of the greatest economic arguments of the economics and it is claimed that trade openness is a crucial phenomenon for the well-being of nations since Adam Smith. Although various practices have been seen in different parts of the world in the history, from 1980s trade liberalization movements have been the dominant trend. However liberalization of trade in developing countries brought debates in economic literature and it is argued that open trade can have catastrophic effects instead of providing growth and welfare to the practitioner countries. In this study if The Black Sea Economic Cooperation Organization had contributed the member states to liberalize their trade has been investigated. The changes in the rates of inward and outward investment, import, export, population and labour force of the member countries during the establishment period of the Organization has been evaluated. The data is collected from Worldbank National Accounts Database, IMF World Economic Outlook and Balance of Payments Database and UNCTAD. The results of the study has shown that although the establishment of the organization had positive effect on investment and trade flows of the countries, it had no effect on labour flows of the member states.


2019 ◽  
Vol 20 (4) ◽  
pp. 163-183
Author(s):  
Inna V. Yurchenko ◽  
◽  
Andrey V. Baranov ◽  
Natalia N. Yurchenko ◽  
Mariya V. Dontsova ◽  
...  

Author(s):  
Cemal Ardıl

This paper presents the regional economic relations between Turkey and Black See Economic Cooperation Organization (BSEC). The Heads of State and Government of eleven countries: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine signed the Summit Declaration and the Bosphorus Statement giving birth to the Black Sea Economic Cooperation on 25 June 1992, in Istanbul. On 5 June 1998, the Heads of State or Government signed the BSEC Charter, came into force on 1 May 1999 BSEC has evolved into an international regional organization for economic cooperation. The organization has 12 members since Serbia joining the organization in 2004. It came into existence as a unique and promising model of multilateral political and economic initiative aimed at fostering interaction and harmony among the Member States, as well as to ensure peace, stability and prosperity encouraging friendly and good-neighbourly relations in the Black Sea region. Countries bordering the Black Sea, Balkan and Caucasus formed the BSEC countries cover an area of approximately 20 million square kilometer and represent more than 350 million people. The region with the foreign trade volume of U.S. $ 300 billion per year draws attention to the rich natural resources; and is the main European energy and transport corridor transfer. The Black Sea region is a contested neighbourhood and the subject of intense debates and conflicts in the globe. Also, this reflects the changing dynamics of the Black Sea region, its complex realities, the interests of outsiders and the region’s relations with the rest of the globe. Moreover, its strategic position, linking north to south and east to west, as well as its oil, gas, transport and trade routes are all important reasons for its increasing relevance. Turkey's foreign trade volume with BSEC member countries is steadily increasing as per the findings over the period of 1996-2012.


1994 ◽  
Vol 33 (4II) ◽  
pp. 745-758 ◽  
Author(s):  
Rehana Siddiqui ◽  
Mir Annice Mahmood

An analysis of health status is an important aspect of human resource development. Improvements in health do not only improve the productivity of the labour force, but they also help to improve the impact of other forms of human capital formation, e.g. education. In most developing countries health status is difficult to determine as the question arises as to what measures should be used as indicators of health status. At a general level most of the demand or production function considerations are obtained by aggregating over the micro factors. I However, in the case of health status micro and macro measures may not be perfectly correlated; In most cross-country studies life expectancy at birth or the infant mortality rate are taken as indicators of health status. Other measures which can be used to indicate such improvements in health status are age and diseasespecifrc mortality or morbidity and life expectancy. However, the improvement in health status can be observed most obviously from increases in life expectancy which is a better measure for cross country comparison than age and diseasespecific mortality or morbidity, which are more difficult to compare at the international level.


2021 ◽  
Vol 258 ◽  
pp. 05025
Author(s):  
Çora Hakan ◽  
Mikail Elnur Hasan ◽  
Gül Sevda

At In this paper, it was attempted to examine and analyze the environmental and sociological impact of Black Sea Economic Cooperation Organization (BSEC) that was established in June 1992 in Istanbul. Members of the organization are Albania, Azerbaijan, Bulgaria, Armenia, Georgia, Moldova, Romania, Russia, Turkey, Ukraine and Greece. The researchers and scholars should keep in mind that The Commission on the Protection of the Black Sea Against Pollution (the Black Sea Commission or BSC), through its Permanent Secretariat, is the intergovernmental association founded in execution of the Convention on the Protection of the Black Sea Against Pollution (Bucharest Convention), its Protocols and the Strategic Action Plan for the Environmental Protection and Rehabilitation of the Black Sea. Therefore, through BSEC, in the Summit Declaration signed with the participation of the Heads of State and Government of 11 member countries, the Black Sea region is envisaged to be a zone of peace, stability, and welfare. The mechanism chosen to achieve this goal is environmental, economic and social cooperation.


Sign in / Sign up

Export Citation Format

Share Document