我国地方政府债务问题分析  

Analysis on the Problem of China's Local Government Debts

作　　者：莫兰琼[1] 陶凌云[2] 

机构地区：[1]上海社会科学院,200020 [2]复旦大学,200433

出　　处：《上海经济研究》2012年第8期100-108,116,共10页Shanghai Journal of Economics

基　　金：教育部人文社会科学研究青年基金项目(11YJC790164);上海市科研创新项目(11YS237)的资助

摘　　要：自金融危机爆发以来,我国实行宽松的货币政策和财政政策,使地方政府融资规模迅速扩大。当前,我国地方政府债务的总体规模已相当庞大,而且呈现不断膨胀的态势,成为宏观经济运行中的一个突出问题。地方政府债务形成的原因是多方面的,它严重影响了我国经济的可持续发展,甚至威胁到我国经济安全和社会稳定。因此,必须采取有效的措施来控制地方政府债务风险,从短期看可通过资产证券化和引进民间资本等方式拓宽融资渠道来缓解地方政府债务风险问题;从长期看则必须从体制入手,理顺中央政府与地方政府的关系,建立事权财权相匹配的财政制度;完善人大监督体系,规范地方政府行为;完善政绩考核机制,遏制地方政府投资冲动等。Since the outbreak of the financial crisis, China implements loose monetary policy and fiscal policy, and which makes the scale of local government financing rapidly expanded. At present, China＇ s local government debt is very large and has the trend of ever-expanding. It has become prominent problem of the operation of macroeconomic. There are many reasons that cause the problem of local government debt, which has seriously influenced the sustainable development of China＇ s economy, and even affect the economic security and social stability of our country. So, effective measures must be taken to control the risk of local government debt. In the short term by issuing local government bonds, asset securitization, and introducing private capital can raise funds that local government needs and ease the debt risk of local government. In the long term, we can establish a good relationship between the central government and local government, and set up the financial institution whose powers is matched with its property; and we can improve the supervision system of national people＇ s congress, and make the local government comply with regulations; and we can also improve the assessing methods of political achievements, and contain the investment impulse of local government.

关 键 词：地方政府债务 成因分析 风险控制 

分 类 号：F810.7[经济管理—财政学]