当前国债投资政策宜进不宜退

The Policy of National Debt Investrnent Should Go Forward But Not Backward

1997年,东南亚爆发金融危机。为抵御其对我国经济的冲击,我国从1998年起实施了以扩大国债投资为主要内容的积极财政政策。至今,连续四年实施国债投资政策,成效显著。目前,我国经济形势有所好转。于是,关于“积极财政政策应否淡出”众说纷纭。究竟“是否应继续实施国债投资政策”成为争论的焦点。本文着眼于我国国债投资政策实施的现实状况,结合中西方经济学理论,就国债投资政策的利弊效应进行分析。认为在目前我国的经济发展状况下,国债投资政策宜进不宜退。

In 1997, a financial crisis broke in southeast Asia. In order to resist the shock to our economy, we have carried out the positive fiscal policy which mainly enlarged the scale of national debt investment from 1998. We have implement this policy for four successive years. And we've got obvious effect. Our economy situation is better now. Therefore, there are different opinions about the topic of 'whether we should not insist on the positive policy any longer?' So it becomes the focus of argument that whether we should still carry national debt investment out. The article started from the effect that our national debt investment have and combined with the west economy theories. Then it analyzed both the positive effect and the negative effect of national debt investment. And the author's viewpoint is that the national debt investment policy should go on but not stop under such an economic circumstance in our country now.