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Public Debt, Local Fiscal And Economic Development

Posted on:2004-11-29Degree:DoctorType:Dissertation
Country:ChinaCandidate:G Q LinFull Text:PDF
GTID:1116360122966887Subject:Public Finance
Abstract/Summary:PDF Full Text Request
Topic of the thesis: From analyzing local public debt, mainly local government debt, this thesis makes a research and study on the relationship between public debt and both local finance and local economic development. It states and emphasizes influence and function of public debt on local finance and local economic development; its purpose is to establish a theoretical analysis frame for local public debt in absorbing latest foreign and domestic achievements in the management of public debt and using them for reference, and to bring up a solution in system, mechanism, and policy to the management of local public debt of our country at the time of economic transforming to try to make some innovations in the solution to this problem.Thoughts of the research: As a tool in financial policy, public debt has its certain and also uncertain influences on the economy and the society. The formation and development of Chinese local public debt shall be combined together with Chinese history and culture, and political and economic system, with the development of regional economy and society, and also with the development of local finance, so as to find a regular track of its change. In the author's opinion, only placing the problem of local public debt in the developing environment of local finance and local economy can we have a comprehensive understanding of it and can it be of significance to make a research on it. Therefore, the essential content of this thesis is the problem of local public debt theory and experience at the time of economic transforming relating to the development of local finance and local economy. It is neither a simple research on the growth of economy nor an analysis of local public debt theory in an empty frame.Three combinations are applied in the research of this thesis: First, the combination of theoretical demonstration and experiential demonstration; Second, the combination of demonstration research with standard research; Third, the combination of macroscopic analysis and microcosmic analysis.Layout of contents: This thesis contains seven chapters totally, and the contents researched in each part are stated as follows:Chapter One Introduction. Briefly introducing the background of topic choosing, the significance of the research, domestic and foreign progresses in research of the problems concerned, thoughts and methods of the research, and main innovations and shortcomings of the thesis. In addition, statements have been made in Chapter One to the basic definition and feature of Chinese local public debt, and also the structure and research scope of the thesis.Chapter Two A demonstration analysis to Chinese local public debt. First, aninitial judgment is made on the scale and structure of the local public debt of our country. As to the large difference of debt scale between in estimate and in current documents analysis, main reason is incomplete and untrue information disclosing, and even debt concealing, and another reason is the difference in statistic specifications. According to the survey in this thesis, and the samples, measurements, and calculations made in different types of province, time of the data used in current documents is at about 1998, and they are very different from current situation in local regions. The debt scale is greatly underestimated especially in county and township. Second, a comprehensive analysis is made on various types of local public debt. Third, an analysis is made on the government debt of four levels of local administrations, and on the scale and feature of debt in villages. This thesis also concludes and arranges various kinds of demonstration cases so as to explain the details.The demonstration analysis is one of the focal points in this thesis. It is to discriminate the data concerned on the survey basis in order to try to reflect the existing quantity of debt in principle. However, a measurement and calculation is made to the increase according to the trend concerned. This is a very difficult task, but quite comprehensive f...
Keywords/Search Tags:Public debt Local, finance Economy development
PDF Full Text Request
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