20世纪90年代以来,财政分权改革逐渐成为一种国际趋势,允许地方政府通过举借债务的方式筹集财力是其中一项重要内容。然而,赋予地方政府举债权与维持债务可持续性之间构成了一对难以平衡的矛盾关系。采取何种模式来监管地方政府的举债行为,化解这对矛盾关系,是各国中央政府面临的重大挑战。一、国外地方政府举债监管模式介绍为了控制地方政府的过度举债行为,避免债务危机的发生,各国中央政府采取了各种不同的措施对地方政府 Since the 1990s, the reform of fiscal decentralization has gradually become an international trend. Allowing local governments to raise financial resources by borrowing debt is one of the important contents. However, giving local governments the power to claim debt and sustaining debt sustainability constitute a difficult pair of balances. What kind of model to take to regulate the local government’s debt-relief behavior and resolve these contradictions are the major challenges that the Central Government of all countries are facing. First, the foreign local government debt regulatory model introduced In order to control over-borrowing behavior of local governments to avoid the debt crisis, national governments took a variety of different measures to local governments