论文部分内容阅读
财政分权是中印两国重要的经济制度安排。地方政府债务问题是与分权制度分不开的。本文通过分析中印两国的财政分权运行机制,考察软预算约束环境下,中央政府和地方政府之间财权与事权的分配关系、地方政府之间的竞争关系以及地方政府与其辖区内居民的监督关系,进而探讨两国地方政府债务形成机制。两国地方债务的产生源于分权过程中中央政府与地方政府财权和事权的不相匹配,以及地方政府在软预算约束下的经济行为。
Fiscal decentralization is an important economic arrangement between China and India. The problem of local government debt is inseparable from decentralization. By analyzing the operation mechanism of fiscal decentralization in China and India, this paper examines the distributional relationship between financial rights and powers, the competition between local governments and local residents in the area under the constraints of soft budget constraints Supervise the relationship, and then explore the mechanism of local government debt formation in both countries. The local debts of the two countries originate from the mismatch between the fiscal power and the power of the central government and the local government in the decentralization process and the economic activities of local governments under the soft budget.