论文部分内容阅读
地方债的资产证券化有利于盘活存量,促进其他金融领域改革的深化。本文就地方政府债券资产证券化产品设计提出了建议,并指出,资产证券化不是灵丹妙药,也不是唯一选择,应该与其他工具和方法齐头并进,相辅相成。自从1998年国家开发银行与安徽省芜湖市创新地方基础设施融资模式以来,地方政府通过各种方式举债增加就业提高民生,贡献显著。比较突出的例子有苏州工业园。然而,一些地方政府也因此滋生出信贷瘾,以发展之名
The asset securitization of local bonds helps to revitalize the stock and promote the deepening of reforms in other financial sectors. This article puts forward some suggestions on the design of asset securitization products for local government bonds. It points out that asset securitization is not a panacea and is not the only choice. It should go hand in hand with other tools and methods. Since 1998, when China Development Bank and Wuhu City, Anhui Province have innovated the local infrastructure financing model, local governments have made significant contributions by raising their employment through various means and improving their livelihood. The more prominent example is Suzhou Industrial Park. However, some local governments are also breeding a credit addiction in the name of development