当前应实行适度从紧的财政政策

• 作 者: 侯捷宁
• 出 处: 金融信息参考
• 发表日期: 2004年07期
• 关键词: 适度从紧 长期建设国债 相机抉择 亚洲开发银行 政策调节 经济过热 调控工具 高级经济学家 行政措施 新建项目

以赤字判断财政周期　亚洲开发银行高级经济学家彭龙运博士指出 ,目前比较流行的一种观点是 ,“发长期建设国债就是在实行积极财政政策” ,事实上 ,这是一种误解。判断财政政策是否积极并不是只看某一项支出的变化 ,而是应总体来看。发国债只是一种弥补财政赤字的手段 ,建设性

Judging the Fiscal Cycle by Deficit Dr. Peng Longyun, a senior economist with the Asian Development Bank, pointed out that at present, the more popular view is that “it is in the process of implementing a proactive fiscal policy that long-term treasury bonds are devised.” In fact, this is a misunderstanding. Judging whether a fiscal policy is pro-active is not about looking at the changes in one item of expenditure but on the whole. Issuing government bonds is only a way to make up for the deficit and is constructive