地方经济建设公债发行研究(1959—1962)——以安徽省为例

Research on the Issuance of Public Debt for Local Economic Construction( 1959 —1962 ) :Based on a Case Study of Anhui Province

1958年,中共中央颁布《关于发行地方公债的决定》,标志着新中国步入了地方政府发行公债的年代。1959年至1962年,安徽省按照"合理分配、自愿认购"的原则发行公债,是新中国唯一一个连续四年计划发行地方经济建设公债的省份。在"大跃进"背景下,安徽省地方经济建设公债发行凸显政治色彩,财政计划与经济计划脱节,出现了摊派、官僚主义等行为,利用地方经济建设公债回笼资金、投资基建的预期目的未能全部实现。为缓解人民群众生活困境,1963年安徽地方经济建设公债全部提前兑付,体现了政府对民众生活的照顾,获得了人民的赞扬。

In 1958, the Central Committee of the CPC formally issued a decision ＂On the Issuance of Local Gov- ernment Bonds,＂ which indicated that China had begun the issuance of public debt by local governments. From 1959 to 1962, in accordance with the principle of ＂reasonable distribution and voluntary subscription＂ for the is- suance of bonds, Anhui Province was the only province in New China to issue such local economic construction bonds for four consecutive years. In the context of the Great Leap Forward, local economic bonds in Anhui were focused on politics, financial and economic plans were out of line, and the aim of using economic public debt to invest in infrastructure was not fully realized. In order to alleviate the plight of the people, in 1963 Anhui＇ s pub- lic debt for local economic construction was fully paid in advance, which revealed the government＇ s care for the people and earned the praise of the people .