Demand of borrowing from external sources has increased dramatically for many countries.Borrowing from external sources is associated with sovereign ratings of a country. Strong credit rating will play an important role in determining the cost of borrowing. This reality has became more important by the end of 1970s with neo-liberal era. Credit Rating Agencies have become active promoter of neo-liberal policies. As sovereign ratings regarded as main indicator for external borrowing Credit Rating Agencies has become questinable after 1990s. This study discusses the impacts, reliability and consistency of the Credit Rating Agencies
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
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