贯彻落实积极财政政策 再创国债管理工作佳绩

• 作 者: 詹静涛
• 机 构: 财政部国库司,
• 出 处: 预算管理与会计
• 发表日期: 2009年03期
• 关键词: 财政政策 扩张性货币政策 筹资额 金融危机 扩张性财政政策 美国次贷危机 国债发行 注资 记账式国债 国债流动性

在本轮由美国次贷危机引发的全球性金融危机中,国债管理作为现代宏观经济政策的工具,再次成为各国政府出手应对金融危机的重要手段。当前市场经济发达国家采取的减税增支、向银行注资的扩张性财政政策,以及降低利率、注入流动性的扩张性货币政策,无不涉及国债筹资的大规模增加和国债工具的高频率运用。英国国债筹资额增加近千亿英镑,达到创纪录的1687亿英镑;美国国债限额在短短三个月内连续提

In the current round of global financial crisis triggered by the U.S. subprime mortgage crisis, as a tool of modern macroeconomic policy, government bond administration once again becomes an important measure for all governments to deal with the financial crisis. The current tax reduction in the market economy developed countries, the expansion of fiscal policy to inject capital into banks, and the expansion of monetary policy to reduce interest rates and inject liquidity all involve the large-scale increase of treasury bonds and the high frequency of treasury bonds. The amount of British government bonds raised nearly 100 billion pounds to a record 168.7 billion pounds; the U.S. government bond quotas were continuously raised in just three months