Dünya Bankasi Kredilerinin Performansinin Belirleyicileri: Türkiye Örneği
Özet
In this study, success factors of the World Bank's loan for Turkey are analyzed at
the credit level. In the literature, studies which examine comparisons between the
countries by using macro variables can overlook an important part of the
difference between the loans in the same country. Therefore, examining Turkey,
which is an important country in terms of the level of the World Bank loan
disbursement, at the credit level constitute the unique part of this study. The
completion dates of the programs and projects carried out within the scope of the
loans examined vary between 1997-2017. In the analysis, credit ratings of the
World Bank’s IEG for each loan were used as the dependent variable. The
statistical relationships between the independent variables and the credit ratings
were analyzed at the credit /program/project level and the logistic regression
method was used to examine the power of these variables to predict success.
Finally, the results of the analysis were discussed and compared with the findings
of the literature, policy recommendations were developed and recommendations
were made for future research.
