中国地方政府债务融资风险特征及监管研究
毕业论文关键词：地方政府； 地方债；风险；债务融资； 风险监管
Abstract In the existing system, local governments where conditions permit are allowed to issue bonds in our country, which expands the financing channels. However, it is impossible for the local governments to achieve all aspects of issuing bounds in present. Besides, the financing needs of each local government are increasing with China’s accelerated urbanization process. In order to solve the bottleneck of insufficient funds in this process, our local governments have to expand the scale of debt financing and thus have brought a lot of unpredictable and unavoidable risks, especially credit risk and system risk. Through discussing the current debt financing situations in local governments of our country, this thesis attempts to analyze the main risks of the current debt financing in local governments. What its purpose is to reveal to the readers the risk characteristics which are elusive, complex and uncontrollable in debt financing of our local governments. And it also aims to elaborate the problem when our local governments supervise and administer the debt financing. What’s more, this thesis attempts to convey that as a developing country our local governments should make their liabilities more transparent, strengthen risk management of debt financing and
regulate the behavior of local government debt financing.
Key Words：local government； local government debt ； risk； debt financing； risk supervision
目 录
摘 要I AbstractII
一、选题的现实意义1
二、国内外研究状况1
㈠ 国外文献综述1
㈡ 国内文献综述2
三、我国地方政府债务融资发展概述4
㈠ 投融资平台的发展情况4
㈡ 中央代理地方政府发债概况4
㈢ 地方债的试点发行情况5
四、我国地方政府债务融资风险分析6
㈠ 地方政府债务融资面临的主要风险6
㈡ 地方政府债务融资的风险特征8
五、目前地方政府债务融资监督管理存在问题分析9
㈠ 地方政府性债务过度依赖土地出让收入9
㈡ 政府负有偿还责任的债务增长较快10
㈢ 缺乏规范化的债务融资监管体制11
㈣ 对地方政府融资行为缺乏制度化管理11
六、对我国地方政府债务融资监管的建议11
㈠ 提高地方政府负债透明度12
㈡ 加强对地方政府债务融资风险管理12
㈢ 规范地方政府债务融资行为13
参考文献 14
致 谢 16
中国地方政府债务融资风险特征及监管研究
一、 选题的现实意义
进入新纪元后，随着我国经济的快速发展，城市化进程越来越快，中国各地地方政府也随之加大了基础设施建设的力度。但是，在《国务院关于实行分税制财政管理体制决定》中明确规定，从1994年开始，我国分权制财政体制便是 “一级政府，一级事权”，使得我国地方政府事权与财权的不匹配，在基础设施建设方面的预算，各政府资金来源主要依赖中央财政拨款，远远不能满足其资金需求，资金缺口不断扩大。为了解决地方政府在城市基础设施建设方面遭遇了资金不足的“瓶颈”，我国地方政府不得不加大债务融资规模，地方政府债务融资显得更加尤为重要。
下一篇：我国对外直接投资的动因及对策分析