美国财政悬崖的成因探讨与影响分析

American Fiscal Cliff:Origin、Impact and Inspiration

财政悬崖问题是美国近年来财政收支严重失衡的集中表现,它根源于美国经济政策的失误与经济增长内生动力的不足,实质是本轮全球金融危机背景下,美国主权债务问题持续恶化的延续。美国财政悬崖问题将延缓美国及世界经济复苏的步伐,导致主要发达国家财政赤字的货币化,加剧全球金融市场波动,并使发展中国家面临日益严峻的国际贸易环境。中国应该以此为鉴并采取积极措施,为国民经济的可持续发展奠定坚实的基础。

The fiscal cliff is the concentrated expression of the serious unbalance of American financial revenue in recent years, which is rooted in American economic policy failures and deficiency of endogenous force of economic growth. In essence, It is the continuing deterioration of American sovereign debt under the background of the global financial crisis. The fiscal cliff will postpone the economic recovery of the US and the world, cause the monetization of fiscal deficits in major developed countries, increase volatility in global financial markets and make the developing countries facing increasingly severe international trading environment. China should learn a lesson from this and take a series of positive measures to lay a solid foundation for the sustainable development of its national economy.