@article{2014,title={A STUDY ON INTERNATIONAL CREDIT RATING AGENCIES AND TURKEY’S CREDIT RATE (1998-2013)},abstractNode={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.},author={Bilal KARGI},year={2014},journal={The Journal of Academic Social Science Studies}}