从我国分权化改革视角看地方发债权授予

【英文标题】On Authorizing Local Bonds from the Perspective of Decentralization Reform in China

【标题注释】本文为国家社会科学基金青年项目的研究成果，项目编号：10CGL075。

【作 者】肖建华

【作者简介】肖建华，江西财经大学财税与公共管理学院，江西 南昌 330013

【内容提要】我国地方ZF进入高债务风险时代已是不争的事实，理论界对于是否可以通过授予地方ZF发债权化解风险尚存争议。本文通过分析认为，授予地方ZF发债权并不能促使地方ZF在公共物品供给方面展开竞争，当前更合适的路径选择应该是在市场化改革的大方向内进行地方债务摸底与实质性的制度建设。

【摘 要 题】财政体制

【英文摘要】It has been an undoubted fact that the Chinese local government gets into an era of high debt and risk, yet there still exists argument on authorizing local government to issue bonds to defuse the high risk. This paper argues that authorizing local government to issue bonds cannot advance the competition of public goods supply from the local government, and instead more favorable solution shall be to find out the real situation of local government in debt first and carry through substantial institution building under the general orientation of market reform.

【关 键 词】中国式财政分权/地方发债权授予/ZF收入形式变迁
    Chinese-style fiscal decentralization/authorizing local bond/vicissitude of government revenue