转型时期地方政府投资行为分析

An Analysis of Local Government Investment during the Transition Period

转型时期,地方政府受职能、财政分配制度、政绩考核压力、权力寻租等影响,投资行为表现为需求上的饥渴症、方向上的盲目性、政策上的本位论、策略上的功利化、预算上的软约束。必须通过界定地方政府的投资权力边界,严格预算约束,完善金融体系,改革政绩考核办法,规范地方政府投资行为。

Affected by the its function, financial distribution system, achievements-reviewing pressure, power abuse etc, the investment of local government in the transition period is exposing certain problems： hunger in the demand, blindness in the direction of investment, standard in policy-making, utilitarianism in the strategies, and soft restrictions in the budgets. It is necessary to confirm the limits of the local government＇s power in investment, strengthen the budget constraint, perfect the financial system, and reform the method of grading the government＇s achievements and regularize the government investment.