Title: A Perspective of the Institution of Local Governments Debts in China
Abstract: Based on the inadequate background information about our local government debts,this article holds that the budget institution restricts the local government debts from institution and this restriction is soft.Then this article analyses the reasons why the institution of local government debts is soft from some respects,such as budget institution,financial institution,local government agency,citizen's character and so on.The article also proposes some solutions to the problem from the following parts,(1) establishing the financial institution with perfect restriction mechanism and stimulation mechanism,(2) putting forward the innovation of the state budget institution to strengthen the budget restriction mechanism,(3) stimulating the assessment system of local government performance and government officials,(4) raising the education quality of citizenship and democracy.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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