African Journal of Business Management - 14 January 2013 Issue

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Afr. J. Bus. Manage.

Annex 3. Competitiveness rankings in percentages for the years of 2001 and 2010 and difference in percentages for the selected countries for the period of 2001-2010.

Countries Brazil China Colombia Egypt India Indonesia S. Korea Malaysia Russia South Africa Turkey Vietnam

WEF 58.67 52.00 86.67 68.00 76.00 85.33 30.67 40.00 84.00 45.33 72.00 80.00

2001 IMD 32.65 24.49 42.86 30.61 38.78 48.98 22.45 20.41 44.90 34.69 40.82 36.73

IFC 69.71 61.71 43.43 94.29 78.86 74.86 13.14 14.29 55.43 16.00 48.00 56.00

WEF 37.32 18.31 47.89 66.20 39.44 32.39 16.90 14.79 46.48 35.21 41.55 45.77

2010 IMD 74.58 32.20 77.97 89.83 54.24 62.71 37.29 27.12 83.05 88.14 66.10 61.02

IFC 69.40 43.17 18.58 51.37 73.22 66.12 8.74 11.48 67.21 21.31 35.52 42.62

Difference (2001-2010) WEF IMD IFC -21.34 41.92 -0.32 -33.69 7.71 -18.54 -38.78 35.11 -24.85 -1.80 59.22 -42.92 -36.56 15.46 -5.63 -52.94 13.73 -8.74 -13.77 14.84 -4.40 -25.21 6.71 -2.81 -37.52 38.15 11.78 -10.12 53.44 5.31 -30.45 25.29 -12.48 -34.23 24.28 -13.38

Annex 4. HDI components in percentages for the years of 2001and 2010 and difference in percentages for the selected countries for the period of 2001-2010.

Country Brazil China Colombia Egypt India Indonesia S. Korea Malaysia Russia South Africa Turkey Vietnam

2001 0.622 0.469 0.597 0.530 0.410 0.460 0.749 0.652 0.634 0.617 0.649 0.396

Income index Difference 2010 (2001-2010) 0.657 3.50 0.606 13.70 0.628 3.10 0.569 3.90 0.499 8.90 0.511 5.10 0.802 5.30 0.699 4.70 0.706 7.20 0.649 3.20 0.684 3.50 0.471 7.50

Education index Difference 2001 2010 (2001-2010) 0.599 0.663 6.40 0.535 0.623 8.80 0.577 0.667 9.00 0.487 0.560 7.30 0.365 0.450 8.50 0.484 0.584 10.00 0.862 0.934 7.20 0.654 0.730 7.60 0.733 0.784 5.10 0.690 0.705 1.50 0.503 0.583 8.00 0.454 0.503 4.90

countries in the impending future. REFERENCES Abdi H, Williams LJ (2010). Principle Component Analysis, Wiley Interdisciplinary Reviews: Comput. Stat. 2:3-4. Arslan N, Tatlidil H (2012). Defining and Measuring Competitiveness: A Comparative Analysis of Turkey With 11 Potential Rivals. Int. J. Basic Appl. Sci. IJBAS-IJENS 12(12):40-41. Fasham MJR (1977). A Comparison of Non-metric Multidimensional Scaling, Principal Components And Reciprocal Averaging for the Ordination of Simulated Coenoclines and Coenoplanes, Institute of Oceanographic Sciences, Wormley, Godalming, Surrey, England. pp.551-561. Cameron F (2011). The EU and the BRICs, Policy Paper 3, EU-Russia Centre. pp.1-4. Holland M (2008). Non-metric Multi-Dimensional Scaling (MDS). Univ. of Georgia, pp. 1-3. International Monetary Fund (2012). World

Life Expectancy index Difference 2001 2010 (2001-2010) 0.791 0.838 4.70 0.808 0.840 3.20 0.805 0.844 3.90 0.775 0.836 6.10 0.656 0.711 5.50 0.721 0.772 5.10 0.885 0.954 6.90 0.822 0.851 2.90 0.710 0.765 5.50 0.549 0.509 -4.00 0.780 0.847 6.70 0.821 0.867 4.60

Economic Outlook (WEO) Database 2012. Landefeld JS, Moulton BR, Joel DP, Shaunda MV (2010). GDP and Beyond: Measuring Economic Progress and Sustainability, Survey of Current Business pp.12-25. Macovei M (2009). Growth and Economic Crises in Turkey: leaving behind a turbulent past?, Economic and Financial Affairs, Eur. Comm. Econ. Papers 386:1-2 OECD (2006). Economic Policy Reforms: Going for Growth, OECD, p.129. Hawksworth C, Cookson G (2008). The World in 2050: Beyond the BRICs: A Broader Look at Emerging Market Growth Prospects, PwC: 8-20 Schulz N (2010). Third Wave of Development Players, Policy Brief, FRIDE¸ ISSN 1989-2667:1-3 Tekbudak MY, Tatlidil H (2011). A Comparative Study Between Turkey and OECD Countries in Terms of Human Development (1980-2010), TİSK AKADEMİ pp.24-43. Todaro MP, Smith SC (2009). Economic Development, New York University, Addison-Wesley Longman. pp.16-18.


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