Local debt is a public debt that is borrowed and repaid by local governments with their public credit in order to achieve public interests.The legal regulation of local debt that practices the whole-process of people's democracy pursues the substantive participation and supervision of the people as taxpayers in major issues of government borrowing through legal means.To solve the problem of local debt and improve the legal regulation of local debt in China,we should follow the principles of fiscal democracy and fiscal legality,uphold the concept of diversified co-govemance under the guidance of the law,and adhere to the philosophy of appropriate urgency and gradual progress.We should design the promotion path of legal rules of local debts from three dimensions:short-term operations,medium-term measures,and long-term exploration:In the short term,we should use emergency means to mitigate the current risks of local debts;In the mid-term,we need to enhance the democratic nature of legal regulations on local debts;In the long run,it is necessary to gradually improve the system in the practice of local debts and promote specialized legislation for local debts when conditions are favorable.
关键词
地方债/全过程人民民主/法律规制/预算法/公共债务法
Key words
local debt/the whole-process of people's democracy/legal regulation/budget law/public debt law
维普
万方数据