Monographic Study On Debt Replacement Of Jiangxi Province Government

Government and Community have been paying attention to local government debt issue for a long time.Local governments raise money through debts.The funds have played an important role in promoting local economic development and improving the welfare of the Residents.But the local government debt is a "double-edged sword".Once the local government lacks support from financial revenue.The Accumulating local debt will affect the local government's financial situation seriously.If handled improperly,there may be a debt crisis.In order to prevent the local government from debt crisis.And regulate the local government debt management.The state encourages local governments to replace government debt.Debt replacement is important for easing local debt pressures in the context of new financing models(PPP)and new financing instruments(ABS)that have not yet matured.However,After analyzing the practice of the local government debt replacement in Jiangxi Province,I find that there are some problems such as the establishment of the risk pricing mechanism of the local government debt issuance.The credit rating mechanism is not perfect.And Bond varieties are single.The existence of these problems may be detrimental to the construction of a fair and orderly local debt market.In the paper.I take local government debt replacement of Jiangxi Province as the object.Descriptive statistics are mainly used in analytical methods.In the structure I follow the discovery of problems analysis of the problem to solve the problem.The problem of debt replacement is described in the form of special study.After analyzing debt replacement of Jiangxi Province.it draws out that the risk pricing mechanism.perfects the local credit rating system and enriches the local debt varieties and investment may perfect the local government debt replacement.The purpose of this paper is to provide a Improve idea for your reference.