中国地方政府性债务可持续管理的创新  

Sustained Management of Local Government Debt and Its Innovation in China

作　　者：王志凯[1] 

机构地区：[1]浙江大学经济学院

出　　处：《南京社会科学》2016年第2期23-30,85,共9页Nanjing Journal of Social Sciences

摘　　要："十三五"的开局之年,地方政府性债务问题又成了热议。预算法从严管控地方政府债券发行,财政部拟对地方政府债实施总量的限额控制,国家推出置换债计划和PPPs项目等,都是为了化解地方政府性债务危机问题。但政策本身值得商榷,治标的意图甚于治本。而以"堵和禁"的办法去处置地方政府债务问题,其实都只能算是中央政府对地方政府债的一种消极管控,其管控结果不利于地方债务市场的培育和健康运行。针对地方政府性债务复杂的事实,应该在厘清市场与政府边界的前提下采取积极的、发展的政策措施,培育和运作地方债券市场,发挥地方的能动性,创新地方政府性债务的可持续管理,促进中国经济长期可持续增长。Standard and normative government debt is the funds raised through bonds insurance with the support of government credits of financial revenue, these funds could be used to speed up e- conomic development, also could be used to balance the public spending and livelihood expenses. However, the scale of local government debt in China is considerably large and the structure is complex, which is a potential risk against China＇ s sustained economic development. Facing this situa- tion, China has to regulate local government debt, cleaning up the urban financing platform debt, fostering and operating local bonds market, innovating Chinese local government liability manage- ment. Finally, China could achieve healthy operation of local government debt, supporting and pro- moting the long-term sustainable growth of China＇ s economy.

关 键 词：财政信用 地方政府性债务 地方债券市场 新预算法 可持续管理 

分 类 号：F127[经济管理—世界经济]