我国从８０年代初开始引进世界银行贷款，在近２０年的时间里，世行贷款对缓解我国建设资金不足的矛盾起了积极作用。然而，世行贷款的偿还是无条件的，必然存在汇率风险，债务管理不好则会降低贷款的使用效果，甚至会将优惠的世行贷款变成沉重的债务负担。本文将着重分析... Since the early 1980s, China introduced the World Bank loan. In the recent 20 years, the World Bank loan has played a positive role in alleviating the contradiction between the lack of funds for construction in our country. However, the repayments of World Bank loans are unconditional. Exchange rate risks are bound to exist. Poor debt management will reduce the effect of loans and even reduce the preferential loan from the World Bank to a heavy debt burden. This article will focus on analysis ...