“大赦之计”——经济放缓时的成长策略

• 作 者: 钟伟
• 机 构: 北京师范大学金融研究中心 主任 同济大学系统工程学院博士后
• 出 处: 南风窗
• 发表日期: 2002年04期
• 关键词: 成长策略 通货紧缩 放权让利 国家信用 沉淀成本 居民收人 技术进步 债转股 收人分配 阳光化

近年来,中国经济增长渐渐放缓,通货紧缩挥之不去,原来为经济快速增长所掩盖的许多问题开始浮出水面。20多年来改革是以“放权让利”为基调,以增量的活力覆盖存量的问题,老体系得到新体系的“输血”滋润,新体系付出少量“失血”的代价换得更广泛的成长空间,此消彼长保证了改革始终具有前行的推动力。但经济增长放缓,使得众人的视线从做大蛋糕转移到了蛋糕的分割,使得一系列问题严峻起来。

In recent years, China’s economic growth has gradually slowed down and deflation lingered. Many problems that were originally covered by the rapid economic growth began to surface. Over the past 20 years, the reform has been based on “decentralization of power and profit sharing” as the keynote, covering the stock with incremental vitality. The old system has been moistened by the “blood transfusion” of the new system. The new system has paid a small amount of “loss of blood” for more room for growth This shift has ensured that the reform has always had the driving force forward. However, the slowdown in economic growth, making everyone’s eyes shifted from big cake to the cake division, making a series of serious problems.