西方国债理论的发展演变及对我国国债投资的启示研究.pdfVIP

内 容 摘 要 一九九八年以来，我国实施了以扩大国债投资为重点的积极财政政策，这 是社会主义市场经济条件下政府反周期政策调节的一次成功尝试。连续积极财政 政策的实施有效地扩大了内需，刺激了经济增长，促进了国民经济持续快速健康 发展。但无庸讳言，与此同时国债投资也逐渐暴露出一些不容忽视的问题。本文 的目的主要在于通过研究西方国债思想理论的发展演变及回溯我国国债投资历 史，比较和借鉴西方发达国家的经验和教训，分析我国国债投资政策的绩效和现 存问题，探讨我国国债投资政策的趋向，试图从实践的角度，提出适合我国国情 的国债投资政策的若干构想。 关键词:摘要 国债投资 经验和教训 趋向 构想 Abstract Chinahasbeenconductingpositivefinanialpolicieswithemphasis ontreasurybondinvestmentsince1998.Thisisasuccessfulattempt madebytheChinesegovernmenttoadjustanti-cyclicalpoliciesunder thesocialistmarketeconomy.Thesuccessiveimplementationofpositive financialpolicieshaseffectivelyexpandeddomesticdemand,stimulated economic growth,and promoted the sustained,rapid,and healthy developmentofnationaleconomyaswell.Meanwhileitisself-一evident thatalargenumberofproblemsthatwecannotignorehaveoccurred withthedevelopmentoftreasurybondinvestment.Thispaperaimsto probeintothetrendofpoliciesregardingChinastreasurybond investmentbymeansofstudyingthedevelopmentandevolvementof westernideasandtheoriesconcerningtreasurybondandremountingto thehistoryofChinastreasurybondinvestment,comparingChinas experiencewiththatofwesterncountriesaswellasdrawingonthe experience of western countries in terms of treasury bond ‘ 十 investment,andanalyzingtheperfomanceandcurrentproblemsO 土 ‘ 十 Chinastreasurybondinvestmentpolicies.Fromthepointof O 1 view practice,theauthortriestoputforwardsomesuggestionsontreasury bondinvestmentpolicieswhichconformwithChinasconditions. Keywords: abstract treasurybond