本文關(guān)鍵詞：我國(guó)地方融資平臺(tái)規(guī)范發(fā)展的對(duì)策研究　出處：《中國(guó)社會(huì)科學(xué)院研究生院》2012年碩士論文　論文類型：學(xué)位論文

  更多相關(guān)文章： 地方融資平臺(tái) 投融資機(jī)制 規(guī)范化

【摘要】：由于在1994年我國(guó)實(shí)行分稅制改革之后，地方政府的財(cái)政收入能力得到了一定程度的削弱，因此，地方政府需要一種新的融資工具來滿足自身的基礎(chǔ)設(shè)施建設(shè)和提供公共服務(wù)的資金要求，這種情況下，地方融資平臺(tái)應(yīng)運(yùn)而生。1997年的金融危機(jī)之后，在外部經(jīng)濟(jì)蕭條的壓力下，政府采取了一系列寬松的財(cái)政政策和貨幣政策來刺激經(jīng)濟(jì)的增長(zhǎng)。為了配套中央提出的資金要求，地方政府開始更多地將融資平臺(tái)作為一種工具來進(jìn)行融資，地方融資平臺(tái)得到推廣，數(shù)量迅速增加。進(jìn)入21世紀(jì)，地方融資平臺(tái)發(fā)展的速度加快。2008年國(guó)際金融危機(jī)之后，為了避免我國(guó)經(jīng)濟(jì)出現(xiàn)下滑，中央政府推出了4萬億的旨在刺激經(jīng)濟(jì)增長(zhǎng)的投資計(jì)劃，其中，中央政府負(fù)責(zé)提供1.2萬億的投資，剩下的資金由各地方政府配套供給。因此，為完成中央的投資計(jì)劃，從2009年開始，地方融資平臺(tái)開始了膨脹式的發(fā)展，地方政府借助融資平臺(tái)大量舉債，在經(jīng)濟(jì)的回暖過程中確實(shí)起到了一定程度的積極作用。但是，隨著時(shí)間的推移，地方融資平臺(tái)由于舉債過多，其面臨的風(fēng)險(xiǎn)暴露無遺。本文試圖通過對(duì)地方融資平臺(tái)的研究，回答地方融資平臺(tái)的成因、現(xiàn)狀、以及規(guī)范化治理的綜合對(duì)策等相關(guān)問題。本文第一部分首先從我國(guó)財(cái)政改革和投融資改革的各自歷程出發(fā)，分析改革過程中出現(xiàn) 的缺陷和不足，探索地方融資平臺(tái)的根源。然后根據(jù)地方融資平臺(tái)發(fā)展的現(xiàn)狀揭示其面臨的三種主要風(fēng)險(xiǎn)，即債務(wù)風(fēng)險(xiǎn)、管理風(fēng)險(xiǎn)以及引致風(fēng)險(xiǎn)。最后對(duì)我國(guó)政府治理地方融資平臺(tái)的政策進(jìn)行歸納和評(píng)述，指出現(xiàn)行政策的不足。第二部分是對(duì)國(guó)外政府關(guān)于治理地方政府債務(wù)的成功經(jīng)驗(yàn)的借鑒。這里主要從國(guó)外對(duì)于 地方政府的舉債權(quán)限、舉債模式、管理模式、監(jiān)管機(jī)制以及化解風(fēng)險(xiǎn)的舉措等方面展開論述，介紹各自不同的特點(diǎn)，并分析其對(duì)我國(guó)治理地方融資平臺(tái)的啟示。第三部分根據(jù)前兩部分的論述，，對(duì)如何規(guī)范化發(fā)展我國(guó)地方融資平臺(tái)提出總體的思路及 具體的解決措施，力圖解決目前地方融資平臺(tái)面臨的嚴(yán)重問題。
[Abstract]:Because in 1994 our country carries out the tax system reform, the local government's financial revenue ability has been weakened to a certain extent, therefore. Local governments need a new financing tool to meet their own infrastructure construction and public service funding requirements. In this case, the local financing platform came into being. After the financial crisis in 1997. Under the pressure of external economic depression, the government adopted a series of loose fiscal and monetary policies to stimulate economic growth. Local governments began to use more financing platforms as a tool to finance, local financing platforms were promoted, the number of rapid increase. Into 21th century. In 2008, after the international financial crisis, in order to avoid the decline of China's economy, the central government launched an investment plan of 4 tillion to stimulate economic growth. The central government is responsible for providing 1.2 tillion of the investment, and the remaining funds are supplied by local governments. Therefore, in order to complete the central investment plan, starting from 2009. Local financing platform began to expand the development, local governments with the financing platform to borrow a large number of loans, in the process of economic recovery did play a positive role to a certain extent. However, with the passage of time. Because of the excessive borrowing of local financing platform, the risks it faces are exposed. This paper tries to answer the causes and current situation of local financing platform through the research of local financing platform. The first part of this paper starts from the respective course of our country's financial reform and investment and financing reform, and analyzes the process of reform. Then, according to the current situation of the development of the local financing platform, it reveals the three main risks, that is, debt risk. Finally, it summarizes and comments on the policy of our government governing local financing platform. The second part is to draw lessons from the successful experience of foreign governments in governing local government debt. The local government's borrowing authority, borrowing mode, management mode, supervision mechanism and measures to resolve the risk are discussed, and their different characteristics are introduced. In the third part, according to the discussion of the first two parts, the author puts forward the general ideas and suggestions on how to standardize the development of the local financing platform in China. Concrete solution measures, trying to solve the current local financing platform facing serious problems.
【學(xué)位授予單位】：中國(guó)社會(huì)科學(xué)院研究生院
【學(xué)位級(jí)別】：碩士
【學(xué)位授予年份】：2012
【分類號(hào)】：F812.5

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 米運(yùn)生;盛軍峰;;國(guó)外商業(yè)銀行信貸資本配置功能理論綜述——基于原理、機(jī)制與制度的視角[J];商業(yè)研究;2008年01期

2 馬金華;李國(guó)鋒;謝興春;;美、日地方政府債務(wù)管理及其對(duì)我國(guó)的啟示[J];創(chuàng)新;2010年01期

3 葉漢生;財(cái)政職能理論辯析[J];財(cái)政研究;1998年01期

4 趙全厚;息鵬;;中央與地方政府債務(wù)管理的演進(jìn)及改革取向[J];地方財(cái)政研究;2009年12期

5 劉承禮;;理解當(dāng)代中國(guó)的中央與地方關(guān)系[J];當(dāng)代經(jīng)濟(jì)科學(xué);2008年05期

6 宋立;美國(guó)的市政債券及對(duì)我國(guó)的啟示[J];宏觀經(jīng)濟(jì)管理;2004年09期

7 常曉明;;地方政府投融資平臺(tái)存在的問題及對(duì)策[J];黑龍江金融;2010年07期

8 楊萍;國(guó)外地方政府債券市場(chǎng)的發(fā)展經(jīng)驗(yàn)[J];經(jīng)濟(jì)社會(huì)體制比較;2004年01期

9 馮雪珍;BOT投資機(jī)制的理論探討[J];經(jīng)濟(jì)縱橫;1997年03期

10 劉煜輝;沈可挺;;中國(guó)地方政府公共資本融資:問題、挑戰(zhàn)與對(duì)策——基于地方政府融資平臺(tái)債務(wù)狀況的分析[J];金融評(píng)論;2011年03期

本文編號(hào)：1369112