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为了应对20世纪末动荡的国际经济环境,和国内经济形势的变化,1999年中国政府实行了积极财政政策。在向市场经济的转轨过程中,政府应如何利用国债增加资源集中配置?增发国债的初始目的是为了发挥其拉动经济的需求效应。但同时用国债筹集的大部分资金进行政府投资,增加了社会资本量,又具有提高未来经济发展能力的供
In response to the turbulent international economic environment in the late twentieth century and changes in the domestic economic situation, in 1999 the Chinese government implemented a proactive fiscal policy. During the transition to a market economy, how should the government use national debt to increase the concentration of resources? The initial purpose of the issuance of government bonds is to give play to the demand-side effect of stimulating the economy. At the same time, however, most of the funds raised through treasury bonds are used for government investment, increasing the amount of social capital and also for the future to enhance the economic development capacity