抗疫特别国债和地方政府专项债券发行现状、理论分析和影响

Special Government Bonds for Covid-19 Control and the Local Government Special Bond:Current Situation,Theory and Influences

基于疫情对我国经济的冲击,就抗疫特别国债和地方政府专项债券内涵及发行现状进行了客观分析,对其宏观效应展开理论分析并探讨了实际影响。抗疫特别国债和地方政府专项债券对有效应对疫情给经济带来的冲击起着重要作用:确保稳经济基本盘,增加未来财政收入,扩大潜在货币供给,有效发行和防范风险。提出要充分发挥财政政策在疫情防控常态化下的积极作用,加大直接财政支持与监管力度,合理倾斜平衡行业和地区发展,加大开放力度、完善市场机制,加快法制建设、稳定市场运行。

Based on the impact of epidemic situation on China’s economy,this paper objectively analyzes the connotation and issuing status of special government bonds for covid-19 control and the local government special bond,carries out a theoretical analysis of its macro-effect and discusses its practical impacts.Special government bonds for covid-19 control and the local government special bond play an important role in effectively coping with impacts of the epidemic on the economy——ensuring the stability of the basic economy,increasing future fiscal revenue,expanding potential money supply,and preventing risks through effective issuance.It puts forwards giving full play to the role of fiscal policies under the normal of epidemic control situation,strengthening direct financial support and supervision,reasonably balancing the development of industries and regions,enhancing the opening-up efforts,improving the market mechanism,speeding up the legal system building,and stabilizing the market operation.