当前我国财政风险问题之分析

The Analysis of Fisical Risk in China

国债风险是财政风险的集中。市场经济中运用国债调节经济是必要的宏观调控手段 ,因此 ,财政风险不可避免。我国正处于向市场经济体制转变的过程中 ,财政风险具有改革风险与市场风险两相交汇的特点。从债务负担率看 ,我国国债尚存在一定发债空间 ;从综合风险体系看近年整体风险较大 ,速度增长过快 ,虽有所控制 ,但仍居高不下。而且 ,在国债运行机制、资金使用效果上也蕴藏着一定风险。因此 ,化解债务风险 ,既要依赖国债管理 ,协调债务期限 ,避免到期债务过于集中 ,更要依赖于稳定的经济发展 ,以便为财政收入提供长期而有力的保障。

The risk of public finance is focused on the risk of public debt. In the market system, public debt is a necessary way of controlling macro economy, so it is impossible to avoid the public finance risk. During the economy transformation, the risk of China's public finance is a combination of reform risk and market risk.Based on the debt ratio,there is some room for us to issue public debt;recently,the compositive system shows that the risk is rather huge and increased speedy. Moreover, there are some risk accumulated in the way of using the public debt and the investments. So in order to control the risk of public debt we should not only rely on the management of public debt and the harmony of debt's maturity to avoid the centralization of the maturity,but also rely on the development of our economy, this is the source of the public revenues.