我国地方政府债务风险研究——以江苏扬州市为例  

A Study of the Debt Risk of Local Government in China—Based on Yangzhou in Jiangsu

作　　者：沈艳[1] 

机构地区：[1]江苏省扬州商务高等职业学校,江苏扬州225000

出　　处：《改革与战略》2016年第12期121-124,共4页Reformation & Strategy

基　　金：2016年度扬州市社科研究课题暨<扬州蓝皮书>研究课题"扬州地方政府债务风险预警研究"

摘　　要：庞大的地方政府债务不仅易引发债务风险,还可能导致金融风险和经济风险发生,对社会和民生产生极大的负外部性影响。文章分析扬州市地方政府债务的现有规模、结构及债务风险的诱因,探讨了应对地方政府债务风险的措施的效果及局限性:转移支付具有稳定器作用,但受制于中央财力;债券置换缓解了地方政府债务集中偿还风险,但没有从根本上解决地方政府债务问题;硬化地方政府预算约束可以限制地方政府的负债额,但与我国目前的经济增长方式存在矛盾。Such a large local government debt can not only trigger debt risks, but may also lead to financial and economic risks,which will cause negative externality to the society and people＇s living. This essay starts with the development of Yangzhou local government debt＇s emergence, and then gradually analyzes the scale, structure and the cause of the debt risk. Meanwhile, it tries to discuss how can the local government deal with the huge scale of local debt and take its risk, as well as discusses the effect and limitations of various solutions： transfer payment can be a kind of stabilizer but limited by the central finance; bonds exchange can ease the urgency of central repay of local debt but did not resolve the problem; solid local government＇s budget can limit the debt rate but is opposite to our current economy growth mode.

关 键 词：地方政府债务 风险 扬州市 

分 类 号：F812.7[经济管理—财政学]