为效果付费债券 一个创新的公私伙伴关系及其风险防范

Pay for Success Bonds An Innovative Public Private Partnership and the Risk Prevention

当下掣肘中国全面深化改革的核心障碍在于经济发展与民生改善的"增长失衡"。"十三五"期间中国转型发展的核心思路已然厘定于供给侧结构性改革,全面厘革我国公共产品供给机制正当其时。为效果付费债券统合政府、市场、社会三维治理要素构造新型公私伙伴关系。它径由政府委托社会中介机构发行债券融通社会资本,将其提供给社会服务组织用于预防性公共服务,并以社会服务供给效果作为政府偿债的依据。其核心要义在于权力分散、共同治理,通过结构化合同在公共服务领域导入了绩效管理和问责机制。基于我国政府简政放权、社会资本合作参与和社会治理更始鼎新的现实社会语境,为效果付费债券为我国公共产品供给改革乃至政府与市场、社会合作提供了一个可供选择的路径。但是在其本土化过程中亦将面临诸多问题,亟待有效研判。

The critical obstacle of China＇s comprehensively deepening reform is the unbalanced growth of economic development and livelihood improvement. During the 13th Five--Year Plan period, the key idea of China＇s transformation and development has been decided the structural reform of the supply front. It is the right time to promote the comprehensive reform of China＇s public goods supply mechanism. Pay for Success Bonds integrate the government, market, and social to build new public private partnerships. Their core essence is the decentralization and common governance. Moreover, they introduce Perform- ance Management and Accountability Mechanisms to the public goods supply. It is no doubt that they provide an alternative path for China＇s public goods supply reform and cooperation of the government, market and social, based on the streamlining administration, social capital participation, and social governance reform. It is necessary to effectively study and prevent the risks in their localization process.