Park, Young-Joon; Rhee, Dong-Eun - In: Asian Economic Papers 12 (2013) 1, pp. 141-162
As a regional credit mechanism, the Credit Guarantee Investment Facility (CGIF) has been developed in East Asia, and its first credit guarantee is on the cards in 2012. This paper analyzes the potential macroeconomic benefits from CGIF on the basis of simulated scenarios using an ASEAN+3 version...
