A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)

This work is about the compatibility of the given credit rates to Turkey by the USA originated credit rating companies and the data of the Turkish economy. When their own resources are not enough to finance economical growth, countries are needed for foreign investments. These foreign investments ar...

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Autor principal:	Bilal KARGI
Formato:	article
Lenguaje:	DE EN FR TR
Publicado:	Fırat University 2019
Materias:	credit rating agencies turkey economy economic growth. Social Sciences H Social sciences (General) H1-99
Acceso en línea:	https://doaj.org/article/db07e9aee4a1439a937681a2fb38409d
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id	oai:doaj.org-article:db07e9aee4a1439a937681a2fb38409d
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spelling	oai:doaj.org-article:db07e9aee4a1439a937681a2fb38409d2021-11-24T09:20:59ZA STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)2148-416310.9761/JASSS2243https://doaj.org/article/db07e9aee4a1439a937681a2fb38409d2019-08-01T00:00:00Zhttps://jasstudies.com/index.jsp?mod=tammetin&makaleadi=145848368_18-Yrd.%20Do%C3%A7.%20Dr.%20KARGI%20Bilal-yay%C4%B1n.pdf&key=27064https://doaj.org/toc/2148-4163This work is about the compatibility of the given credit rates to Turkey by the USA originated credit rating companies and the data of the Turkish economy. When their own resources are not enough to finance economical growth, countries are needed for foreign investments. These foreign investments are wanted by countries as direct foreign investments or financial investments. Both kinds want to have a trust on these types of economies to invest on them. For this reason, it is needed to have a indicator for safety of a country to invest. Most important indicator developed for this purpose is credit rate. First of all, the "Credit Rating" concept is examined and the purpose and quality of these international establishments are examined. Then, the credit rating criteria of the USA originated S&P Fitch and Moody’s establishments are examined. The relation of these criteria and certain basic data (GDP, Current Account Balance, Foreign Borrowing and, Inflation) of Turkish economy is discussed. Depending on these data, it seems that S&P is the agency following Turkey the closest. In the order, the other are Fitch and Moody’s. But while the most optimist ratings are Moody’s, S&P ratings are the most fluctuated ones. In this case, it can be assumed that a possible decrease in rating in 2014 may come from S&P.Bilal KARGIFırat Universityarticlecredit rating agenciesturkey economyeconomic growth.Social SciencesHSocial sciences (General)H1-99DEENFRTRJournal of Academic Social Science Studies , Vol 7, Iss 25, Pp 351-370 (2019)
institution	DOAJ
collection	DOAJ
language	DE EN FR TR
topic	credit rating agencies turkey economy economic growth. Social Sciences H Social sciences (General) H1-99
spellingShingle	credit rating agencies turkey economy economic growth. Social Sciences H Social sciences (General) H1-99 Bilal KARGI A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)
description	This work is about the compatibility of the given credit rates to Turkey by the USA originated credit rating companies and the data of the Turkish economy. When their own resources are not enough to finance economical growth, countries are needed for foreign investments. These foreign investments are wanted by countries as direct foreign investments or financial investments. Both kinds want to have a trust on these types of economies to invest on them. For this reason, it is needed to have a indicator for safety of a country to invest. Most important indicator developed for this purpose is credit rate. First of all, the "Credit Rating" concept is examined and the purpose and quality of these international establishments are examined. Then, the credit rating criteria of the USA originated S&P Fitch and Moody’s establishments are examined. The relation of these criteria and certain basic data (GDP, Current Account Balance, Foreign Borrowing and, Inflation) of Turkish economy is discussed. Depending on these data, it seems that S&P is the agency following Turkey the closest. In the order, the other are Fitch and Moody’s. But while the most optimist ratings are Moody’s, S&P ratings are the most fluctuated ones. In this case, it can be assumed that a possible decrease in rating in 2014 may come from S&P.
format	article
author	Bilal KARGI
author_facet	Bilal KARGI
author_sort	Bilal KARGI
title	A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)
title_short	A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)
title_full	A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)
title_fullStr	A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)
title_full_unstemmed	A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)
title_sort	study on international credit rating agencies and turkey’s credit rate (1998-2013)
publisher	Fırat University
publishDate	2019
url	https://doaj.org/article/db07e9aee4a1439a937681a2fb38409d
work_keys_str_mv	AT bilalkargi astudyoninternationalcreditratingagenciesandturkeyscreditrate19982013 AT bilalkargi studyoninternationalcreditratingagenciesandturkeyscreditrate19982013
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A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)

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