Promoting Development through Reform:Transformation Mechanism and Solution of Local Governments'Debt Governance from the Perspective of Chinese Modernization
The financial reform of local governments is a key part of the reform of government functions,which plays an important role in the process of resource allocation and the modernization of social governance.As an important part of social governance in the new era,local governments'debt governance is highly concerned by governments at all levels.From the perspective of Chinese modernization,this study explores the relationship between Chinese modernization and governance modernization,the logical relationship between fiscal reform and development,and the importance of promoting development through reform.Based on the practice of local governance,it expounds the production mechanism,interaction mechanism and guarantee mechanism of local governments'debt govern-ance,and analyzes the flexible space of local finance,the interaction between central and local finance and the governance tenacity.Then,it explores the effective path of local debt resolution from the aspects of early warning mechanism of debt risk,promoting coordinated development of economic regions and high-quality economic devel-opment.By constructing the theoretical framework of the governance transition mechanism of local government debt and the solution path,this paper interprets the high unity of value rationality and instrumental rationality of debt management and control,with a view to providing new ideas for China's debt governance transition.
Chinese modernizationlocal government debtgovernance transition
万方数据
维普
