我国地方政府性债务风险控制研究

发布时间：2018-03-28 04:02

本文选题：地方政府性债务　切入点：债务风险　出处：《财政部财政科学研究所》2014年硕士论文

【摘要】：地方政府性债务是解决地方政府资源跨期配置问题、为地方政府提供财力保障的重要财政工具之一。近年来,随着我国城镇化进程不断加快,地方政府基础设施建设需求、融资需求急剧扩张。包括地方政府债券、地方融资平台公司债务在内的地方政府性债务为我国地方经济发展、基础设施建设及民生改善提供了巨大助力。然而,由于监管疏漏、制度缺陷等原因,我国地方政府性债务增速较快,埋下风险隐患。2013年审计署审计结果显示,截至2013年6月,我国地方政府性债务总规模已达到178908.66亿元,占全国政府性债务总规模的86%,较2010年底增长67%。其中,我国地方政府负有偿还责任的债务108859.17亿元,政府负有担保责任的债务26655.77亿元,政府可能承担一定救助责任的债务43393.72亿元。 2008年欧洲主权债务危机、2013年底特律政府破产案以及2014年“11超日债”兑付违约案等案例警示我们,债务问题的影响不仅仅局限于经济领域,极易牵一发而动全身,产生连锁反应,引发政治、社会等多方面问题。为此,综合分析我国地方政府性债务现状、揭示地方政府性债务风险、吸收发达国家经验并提出适合我国的风险管理方案具有重要意义。本文从相关理论概念出发,介绍地方政府性债务、地方政府性债务风险相关理论,如财政风险矩阵等；阐述我国地方政府性债务管理基本情况；分析我国地方政府性债务规模及风险状况；借鉴发达国家相关经验,拓宽思路；最终结合全文内容,提出适合我国的地方政府性债务风险管理政策建议。
[Abstract]:Local government debt is one of the important financial tools to solve the problem of intertemporal allocation of local government resources and provide financial support for local governments. In recent years, with the acceleration of the urbanization process in China, local government infrastructure construction needs. Local government debt, including local government bonds and local financing platform corporate debt, has provided a huge boost to local economic development, infrastructure construction and livelihood improvement in China. However, due to regulatory omissions, For reasons such as institutional defects, the growth rate of local government debt in China is relatively fast, and the risks are hidden. The audit results of the Audit Office in 2013 showed that by June 2013, the total scale of local government debt in China had reached 17.890866 trillion yuan. It accounts for 86 percent of the total national government debt, 67 percent more than at the end of 2010. Of these, 10.885917 trillion yuan is owed by the local government, 2.665577 trillion by the government, and 4.339372 trillion by the government. The European sovereign debt crisis in 2008, the Detroit government bankruptcy in 2013, and the 2014 default on "11 extra Japanese bonds" warn us that the impact of the debt problem is not limited to the economy, it is easy to pull the trigger and create a chain reaction. Therefore, it is of great significance to analyze comprehensively the present situation of local government debt in China, to reveal the risk of local government debt, to absorb the experience of developed countries and to put forward a risk management scheme suitable for our country. This paper introduces the related theories of local government debt and local government debt risk, such as fiscal risk matrix, and expounds the basic situation of local government debt management in China. This paper analyzes the scale and risk situation of local government debt in China; draws lessons from the relevant experiences of developed countries and widens the ideas; finally combines the content of the full text and puts forward some policy suggestions on risk management of local government debt suitable for our country.
【学位授予单位】：财政部财政科学研究所
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F812.5

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