摘要
In accordance with the "Cordon" of China’s traditional government debt scale-the warning limit with which to measure the government’s debt risks,some scholars have made a conclusion that China’s government debt risks(CNGDR) are already too great. This paper has probed into this question and derived our own conclusion: the conclusion mentioned above is far from tenable; there is much room for China’s active fiscal policy. CNGDR lie mainly in the possible sustained reliance of economic growth on debt fund. The basic measures to prevent debt risks are persistence in deepening reform, promotion of structure adjustment, and main reliance on non-governmental investment and consumption to push economic growth. National debt fund should be employed to boost the mechanism reform and structure adjustment.
In accordance with the 'Cordon' of China's traditional government debt scale-the warning limit with which to measure the government's debt risks,some scholars have made a conclusion that China's government debt risks(CNGDR) are already too great. This paper has probed into this question and derived our own conclusion: the conclusion mentioned above is far from tenable; there is much room for China's active fiscal policy. CNGDR lie mainly in the possible sustained reliance of economic growth on debt fund. The basic measures to prevent debt risks are persistence in deepening reform, promotion of structure adjustment, and main reliance on non-governmental investment and consumption to push economic growth. National debt fund should be employed to boost the mechanism reform and structure adjustment.
出处
《管理世界》
CSSCI
北大核心
2002年第11期11-18,共8页
Journal of Management World