摘要
政府适度举债具有促进经济增长、平抑经济周期波动的作用,但如果管理制度不完善,债务超出财政承受能力,则会制约经济可持续发展。完善政府债务管理制度是进一步全面深化改革、推进中国式现代化的关键一环。历经近十年的地方政府性债务治理,我国取得了防范地方政府隐性债务风险的显著成效,但仍然没有将其根除。究其原因,是因为地方政府财权事权不完全匹配、地方经济发展思路尚未转变、显性债务管理体制不健全、缺少隐性债务化解的长效机制等财政根本性、体制性的矛盾没有得到真正化解。进一步全面深化改革应当针对政府债务管理制度的核心问题,通过对地方政府债务的全口径监测监管、加快地方融资平台的转型改革、健全地方政府专项债券管理体制等措施,建立防范化解隐性债务风险的长效机制,加强财政可持续性,进而推动经济高质量发展。
Moderate government financial borrowing has the functions of promoting economic growth and smoothing business periodic fluctuations.However,if the management system is incomplete and the debt exceeds the financial capacity,it will constrain the sustainable development of the economy.Therefore,improving the government debt management system is critical in further deepening reform comprehensively to advance Chinese modernization.After nearly a decade of local government debt management,China has made remarkable achievements in preventing the hidden debt risks of local government,but the risks remain unremoved.The underlying reasons are that the fundamental and institutional problems in finance,such as the incomplete matching of local government’s financial power with its power of office,the unchanged development strategies of local economy,the unsound management system of explicit debt,and the lack of long-term mechanisms for resolving implicit debt,have not been truly resolved.Given the core issues,deepening the comprehensive reform of the government debt management system needs to establish a long-term mechanism for preventing and resolving hidden debt risks and strengthens fiscal sustainability to further achieve high-quality economic development.The measures include implementing full-caliber monitoring and supervision of local government debt,accelerating the transformation reform of local financing platforms,and improving the management system of special local government bonds.
作者
李戎
陈晓晓
蔡彦皞
LI Rong;CHEN Xiao-xiao;CAI Yan-hao(School of Finance,Renmin University of China,Beijing 100872;China Financial Policy Research Center,Beijing 100872,China)
出处
《兰州大学学报（社会科学版）》
CSSCI
北大核心
2024年第4期29-38,共10页
Journal of Lanzhou University（Social Sciences）
基金
中国人民大学中央高校基本科研业务费专项资金资助项目“基于微观异质性个体的财政政策传导机制研究”(23XNL001)。
关键词
政府债务管理
隐性债务风险
地方政府债务
融资平台
专项债
government debt management
hidden debt risk
local government debt
financing platform
spe-cial bonds
