论文部分内容阅读
一、外债的现状和特点分析 目前,我国外债余额已突破700亿美元,并迈进偿债高峰期。如何使经济平稳地度过这一还贷峰期,为90年代的经济发展奠定基础,是我国外债管理工作的中心工作。10多年来,我国借用外债的政策已取得了明显效果,成为经济发展中非常重要的因素。但是,也应该看到,我国外债管理工作中还存在一些不容忽视的问题,需要引起我们的足够重视。 (一)外债规模的扩展势头过猛,对规模控制和还贷形成后续压力。 按人均外债额计算,我国的外债规模虽尚属低度负债国,但每年的增长速度持续超过经济增长速度,已对外债规模管理和还贷形成潜在压力。80年代以来,除1989年特殊因素影响引致债务增长明显放慢外,其余年份均为外债余额增长速度超过同期经济增长速度。这种格局的
I. Analysis of the Status Quo and Characteristics of Foreign Debt At present, China’s foreign debt balance has exceeded 70 billion U.S. dollars and has reached the peak of its repayment of debts. How to make the economy smoothly pass this repayment peak and lay the foundation for the economic development in the 1990s is the central task of our country’s foreign debt management. For more than 10 years, our policy of borrowing foreign debts has achieved remarkable results and has become a very important factor in economic development. However, we should also see that there are still some issues that can not be ignored in our country’s foreign debt management work and need to be given enough attention by our country. (I) Excessive expansion of the scale of foreign debt has created follow-up pressure on the control of scale and repayment of loans. According to the calculation of the per capita external debt, although the scale of China’s foreign debt is still a low-debt country, the annual growth rate has continuously exceeded the growth rate and has caused potential pressure on the management of foreign debt and the repayment of loans. Since the 1980s, except for the obvious slowdown of debt growth caused by the special factors in 1989, the growth of the balance of foreign debts in other years has exceeded that of the same period of economic growth. This pattern