目前投资膨胀的成因及治理措施张作成，邓富荣一、投资膨胀形成的原因９０年代出现的投资膨胀是速度型经济增长带来的，其主要原因有三个：一是企业缺乏自我约束机制；二是政府缺乏投资约束机制；三是金融缺乏制衡机制，三个机制涉及到宏观与微观两个层面的改革问题，其解... The Causes of Investment Expansion and Governance Measures Zhang Zuocheng, Deng Furong First, the reasons for the formation of investment expansion Investment growth in the 1990s is brought about by speed-type economic growth for three main reasons: First, the lack of self-restraint mechanism for enterprises; second is The government lacks a mechanism for investment and restriction; third, the financial system lacks a check-and-balance mechanism, and the three mechanisms involve the macro-and micro-level reform issues.