中国地方政府性债务风险、成因与治理路径  

Research on Chinese Local Government Debt:Risk,Reasons and Governance Path

作　　者：尹世芬[1] 罗志恒[2] 

机构地区：[1]首都经济贸易大学会计学院 [2]财政部财政科学研究所

出　　处：《经济与管理研究》2013年第5期119-123,共5页Research on Economics and Management

摘　　要：1994年分税制改革以来,地方政府在财政收入中占比下降,支出上升,不完善的转移支付制度并未缓解地方政府的压力,财政资金并不能满足需求。《预算法》规定地方政府不能举债,因而成立地方融资平台举债就成为"制度创新"。本文针对地方政府性债务可能引发的财政风险、金融和经济风险进行分析,从经济发展和资金来源分析地方政府性债务的成因,最后从短期和中长期提出可能的治理路径。The local governments have a gradual reduction in fiscal revenue while the proportion of expenditure was rising since 1994. The imperfect transfer payment system did not alleviate the pressure on local government financial funds and local fiscal revenue can＇ t meet the demand. The credit market dominated by state - owned commercial banks is often subject to administrative intervention. The Budget Law stipulates that local government cannot borrow money, so the establishment of local financing platform borrowing becomes ＂system innovation＂. In this paper, we will discuss the possible financial risks, financial and economic risks which resulted by the local government debt. Then the essay will analyze the reasons of local government debt from the perspective of economy development and funds supply, at last we will come up with shortterm and longterm governance path.

关 键 词：地方政府性债务 分税制 预算软约束 治理路径 

分 类 号：F812.7[经济管理—财政学]