The Research On The Debt Of Local Government

In our nation the legal rules are definite in answer, about which local government can't run into debt by themselves. But for a variety of reasons, local government ran into debt by themselves. Except some legal debt, local government and functional departments invent all kinds of names to run into debt direct or indirect overtly or covertly. These years, as the economy develops slowly, local government's debt burden became serious little by little. As lack of sufficient state revenue, the debt burden will make local public finance sink into inadequate liquidity crisis, which will become a major affecting stead operations of local public finance as well as sustained growth of local economy. Under these circumstances, the research on the debt of local government become an urgent need.First of all, the thesis analyze the connotation of local government debt. Secondly, from positive angel, analyze the debt of Jiangsu province. On the ground of positive analysis, the thesis analyze how the local government debt takes from. Finally, the thesis put forward effective measure how to cut down the debt and keep watch debt risk. In the thesis, the connotation of local government and the positive analysis will contribute to precise estimate and grasp the situation of local government debt, heighten scientific government finance.