美国财政制度的变迁与借鉴

On the Changes of American Fiscal Institution and the Enlightenments from Its Experience

战后美国财政政策的实践呈现出很强的扩张性，其积极效应和消极效应都很明显。90年代以前的财政制度改革不仅没有解决财政赤字难题，反而使问题更加突出。与内生性经济增长方式相一致，克林顿政府的财政改革也是循着内生性超均衡预算的路径进行的。实践结果不但解决了财政赤字顽症，基本上完成了财政重建的任务，而且推动美国经济持续高速增长10年之久。

The expansionist fiscal policy carried out in US has caused both positive and negative results. All the fiscal reforms before1990s had not cured the ailment of fiscal deficit. Along with the internal economic growth, the fiscal innovation and reconstruction implemented by Clinton government have been taken by means of internal ultra-equilibrium budget, successfully coping with the problems of deficit and fiscal reconstruction. As a result, the American economy has developed as long as nearly ten years at fast rate. 