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作为公债体系的重要组成部分,地方债对促进经济发展具有重要意义,但目前我国地方债仍未突破仅限于理论探讨的困境。文章从地方债发行的合理性与必要性着手,从法律限制和地方政府的非理性两个方面对我国地方债发行困境的原因进行了分析,并提出修改和完善相关法律法规、促使地方政府成为理性政治人以及加强地方债务约束机制的政策建议。
As an important part of the public debt system, local government debt is of great significance to promoting economic development. However, at present, the local government debt in our country has not been exceeded and only limited to theoretical difficulties. From the rationality and necessity of local debt issuance, the article analyzes the reasons for the predicament of local government debt issuance from two aspects: the legal restriction and the irrationality of local government, and proposes to amend and improve relevant laws and regulations to promote the local government to become Rational Politicians and Policy Suggestions on Strengthening the Local Debt Restraint Mechanism.