中国式经济分权——财政金融集分权的嬗变与绩效

Chinese-style Economic Decentralization——Evolution and Performance of Fiscal & Financial Centralization and Decentralization

分权化改革是促进经济发展的重要制度安排。研究经济分权的重点往往被放在财政分权上,然而在中国,财政金融有着高度的互补性和互动性,中国式经济分权是财政金融集分权的嬗变组合,仅仅从财政或金融单一方面分析中国式经济分权都有失偏颇。从制度边界的视角出发,可以将财政分权、金融分权纳入统一逻辑框架中,进而分析各种经济分权模式的绩效以及存在的合理性。每种分权模式各有优劣,根据客观的制度背景和金融需求选择的分权模式才是最优的。

The reform of decentralization accompanies the entire economic boom process of China.The reform of decentralization can be considered as an important institutional arrangement for the production of economic development.Researches on economic decentralization always emphasize fiscal decentralization.However,fiscal and financial measures are complementary and interactive in China.The Chinese-style economic decentralization results from the evolution and combination of fiscal and financial centralization and decentralization.It is inappropriate to analyze Chinesestyle economic decentralization only from fiscal or financial perspectives.From the perspective of the institutional frontier,fiscal decentralization and financial decentralization can be integrated into a uniform logical framework,so as to analyze the performance and existing rationality of each economic decentralization pattern.Each decentralization mode has both advantages and disadvantages.The mode selected according to objective institutional backgrounds and financial requirements is the optimal decentralization mode.