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是否开禁地方债的关键在于地方政府是否具有与之相匹配的“银质信用”,而这又与地方政府的运行有密切关系。文章在分析了转型期我国地方政府行政运行的状况后,认为在近期赋予地方政府发债权的条件和时机尚不成熟。
The key to whether or not to ban local government bonds is whether local governments have a “silver credit” that matches them, which in turn is closely related to the operation of local governments. After analyzing the status of the administrative operation of local government in China during the transitional period, the article thinks that the condition and time for giving the local government a right to issue debt in the near future are not yet mature.