An Analysis of 2008 Global Crisis through Comparative Economic Performance on CIS and Baltic States
With the collapse of USSR in 1991 all countries declared their independence and started to integrated to the World Economy. Since then these countries have made so many effort to developing their economies. This effort exist through economic growth performance and significant improvement of growth dynamics. For these reason, it will be analysis comparatively countries performance through growth rates and growth dynamics. In this paper CIS and Baltic States, which is leaved from USSR, economic performance will be evaluate on economic growth, unemployment rate, inflation rate, foreign trade volume and FDI indicators etc. with TOPSIS method. This paper especially search on 2007 and 2008 crisis whether or not equally effect these countries economic performance.