地方政府投融資機(jī)制改革背景下自主發(fā)債法律問題研究
發(fā)布時(shí)間:2018-04-01 05:20
本文選題:地方政府債務(wù) 切入點(diǎn):地方融資平臺(tái) 出處:《上海大學(xué)》2015年碩士論文
【摘要】:近些年來,金融界和法律界的專家學(xué)者都已普遍意識(shí)到,地方政府債務(wù)問題是現(xiàn)今我國政府必須面臨的主要金融風(fēng)險(xiǎn)之一。國家審計(jì)署的統(tǒng)計(jì)資料顯示,截止到2013年6月份,我國各地方政府的直接債務(wù)與間接債務(wù)(包含負(fù)有償還義務(wù)、擔(dān)保責(zé)任以及或有救助義務(wù)的債務(wù))的債務(wù)余額達(dá)到了17.9萬億元人民幣,占全國GDP的31%。雖然從債務(wù)總量上說,風(fēng)險(xiǎn)尚在可控的范圍內(nèi),但是隨著地方債務(wù)增長速度過快、債務(wù)期限嚴(yán)重錯(cuò)配和透明度低等問題的深化發(fā)展,我國一些省市已面臨較為嚴(yán)重的還債壓力。而這,正是地方政府借助透明度低、不規(guī)范的地方融資平臺(tái)進(jìn)行“變相發(fā)債”所帶來的后果。根據(jù)中央政府公布的地方債改革方案,我們可以看出其決心,就是要通過發(fā)展規(guī)范、透明的地方政府債券(即市政債)市場(chǎng)來逐步取代這些不規(guī)范、透明度低的地方融資平臺(tái)融資模式。同時(shí),從維護(hù)宏觀金融穩(wěn)定的角度來看,地方政府的融資機(jī)制和償債機(jī)制的改革也是勢(shì)在必行。當(dāng)務(wù)之急是從地方政府債券的發(fā)行機(jī)制、償債機(jī)制和債券監(jiān)管機(jī)制三個(gè)維度建立起一套規(guī)范、透明的地方政府融資體系。
[Abstract]:In recent years, experts and scholars in finance and law have generally realized that the problem of local government debt is one of the main financial risks that our government must face.According to the statistics of the National Audit Office, as of June 2013, the direct and indirect debts of local governments in our country (including the obligation to repay),A balance of 17.9 trillion yuan, or 31 percent of the nation's GDP.Although the risk is still under control in terms of the total amount of debt, with the rapid growth of local debt, the serious mismatch of debt maturity and the low transparency, some provinces and cities in China have been faced with more serious pressure to repay their debts.This is the result of low-transparency and non-standard local financing platforms for local governments to issue bonds in disguised form.According to the local debt reform plan announced by the central government, we can see its determination to gradually replace these irregularities through the development of a normative, transparent market for local government bonds (that is, municipal debt).Low transparency of local financing platform financing model.At the same time, from the point of view of maintaining macro financial stability, the reform of financing mechanism and debt repayment mechanism of local government is imperative.The urgent task is to establish a set of standard and transparent local government financing system from the three dimensions of local government bond issuance mechanism debt repayment mechanism and bond supervision mechanism.
【學(xué)位授予單位】:上海大學(xué)
【學(xué)位級(jí)別】:碩士
【學(xué)位授予年份】:2015
【分類號(hào)】:D630
,
本文編號(hào):1694151
本文鏈接:http://www.sikaile.net/guanlilunwen/zhengwuguanli/1694151.html
最近更新
教材專著