中央代发地方政府债券的理论分析与实践探讨——以2009年地方政府债券为例  

The Theoretical Analysis and Practical Discussion on the Local Government Bond Issuing by the Central Authority——An Example of the Local Authority Bond in 2009

作　　者：贾洪文[1] 胡琴[1] 

机构地区：[1]兰州大学经济学院,兰州730000

出　　处：《甘肃行政学院学报》2009年第6期95-100,37,共7页Journal of Gansu Administration Institute

摘　　要：受当前国际金融危机影响,我国经济发展速度放缓。政府作出中央财政部代理地方政府债券的发行这一决议来刺激地方经济发展,开放地方政府债券市场时机日益成熟。本文从金融危机、准市政债券、中央债务依存度及区域经济发展差异这四方面作为发行地方政府债券的背景入手,从理论和实践两方面分析了我国发行地方政府债券产生的拉动经济增长、完善地方财政职能、完备我国资本市场的经济效果及可能面临的经济、社会风险,并提出了相应的政策建议。Affected by the current international financial crisis, China's economics slow down. The government makes a decision that the Ministry of Finance act for the local government to issue the local government bond. It’s high time that stimulated local economic development and opened the local government bond market. This article treats the financial crisis, quasi-municipal bonds, the central debt dependency and regional differ-ences in economic development as the issuing background. we analyze the economic effects of issuing the local government bond in stimulating economic growth, improving the local financial functions, completing China's capital market from theoretical and practical facts and the economic and social risks we may face. In the end, corresponding normative recommendations are formed.

关 键 词：地方政府债券 准市政债券 风险 

分 类 号：F810.5[经济管理—财政学]