Titleour Country Local Government Debt Scale And Risk Study

In recent years, for the global financial crisis influence, more and more developing countries andthe local government financial debt sustainability began to face threat., Under the background of economicfluctuation, China issued by the state council in Our government debt especially local government debtrisk,and management in international finance also getting the attention of scholars. Although in2010, localfinancing platform debt management of19files, but had little effect. In the present international debt crisisincreasingly serious circumstances,it is the most important and the most urgent problem that how to controland eliminate the local government debt scale and its risk, that how to made the local government debtrisk in benign controlled level. It is also the tenet of.this thesis research that to improve the government’sdebt risk management level and ability, keep the local government economic healthy development.Based on this background, this paper first has combed three aspects of local government fromdebt risk of classical to the new classical economics as well as the modern understanding of thedevelopment process, this paper introduces the Keynesian national debt theory and risk theory. Secondly,itanalyzes the local debt history and the present situation, and probes into the causes of local debt and localdebt risk formation mechanism at the present.and finally, it discusses the debt risk of local governmentperformance and appropriate scale standard, and puts forward to establish local government debt in a wholemanagement framework, to guard against the risk accumulation and superimposing, to improve currentsupervision mode to ensure the debt of safe operation effectively,introduce municipal debt to innovateachievements appraisal mechanism, and make use of private capital to let off pressure relief,of local debtrisk,decentralized local debt risk countermeasures and Suggestions.