Study On Debts Of Townships Government On Hunan Province

The township government is China's most grass-roots level of government, township government revenue is the normal operation of the township government functions and play an important protection.But in recent years, China's township government's financial situation is gradually deteriorating at a tremendous debt burden. The township government debt has become a constraining China's rural economic and social development of important factors.Township government can properly resolve the debt problem, directly related to agricultural development, farmers income and rural stability, and on the overall situation of national development.This paper from the theoretical level of the township government liabilities, use of financial theory and the theory of public goods, the township government debt on the significance of positive and negative conduct an objective evaluation, fully affirmed the township government debt on the promotion of the township positive contribution to the economy, but also an objective analysis the township its economic and social development hazards.The author of this article in the actual investigation and had a full grasp of the township government debt in Hunan Province on the basis of the data, the township government of Hunan Province summarized the status of the debt, the township government debt recalled the course of development of the existing township financial system, summed up the township after exempted from the agricultural tax in the financial exposed by the various problems.Through clustering method of Hunan township government debt size and structure of the empirical analysis, found that the province's rural township government debt scale than the size, and the debt levels throughout the city is not balanced.From the perspective of qualitative and quantitative analysis of the township government the causes of the debt that rural economic development is lagging behind economic reasons, the existing financial system is imperfect system of reasons, the township government is bound by the lack of political reasons.Using factor analysis and come to the government for the provision of public services and the establishment of township enterprises in Hunan government debt is the main reason. Papers from the dynamic and static perspective, the government established a township in Hunan Province debt risk model, the impact of liability risk in selected key indicators, the use of rough set theory, the debt risk warning model, the current township government debt Hunan risk making a judgment and evaluation, pointed out that the debt crisis it is necessary to avoid the promotion of sustained economic growth but also control the cost of debt and debt-scale expansion.The article finally based on an analysis combining the results of practical solutions and recommendations to improve the taxation system, a scientific and rational definition of the functions of township government, township financial management innovation, establish a rational township public goods, especially compulsory education-sharing system to be effective the township government to solve the debt problem.