随着我国近年来持续的高速发展,各级地方政府为了尽快推进城市化进程,基础设施建设的投资力度在逐年加大,尤其是当前在国际经济危机、国内经济增速放缓的背景下,地方政府的财政往往跟不上经济发展的建设资金的需要,由此造成了许多地方政府的债务风险在不断加剧。特别是在2009年初关于中央财政将为地方政府代发代偿2000亿的地方债的政策发布后,地方债券终于以变相发行的方式推出,避开了国家预算法不允许地方政府直接发债的限制。但在这一系列的积极财政政策下,地方政府财政负债风险有放大的可能性。本文首先介绍了地方政府债务风险的分类及当前的财政政策,然后阐述了当下的财政政策对地方财政负债风险的影响,并给出当前形势下防范地方政府财政负债风险的建议。 With the continuous rapid development of our country in recent years, local governments at all levels in order to promote the process of urbanization as soon as possible, investment in infrastructure construction is increasing year by year, especially in the current international economic crisis, the slowdown in domestic economic growth, the local The government’s fiscal often can not keep up with the need for economic development and construction funds, resulting in many local governments, the debt risk is increasing. Especially after the release of the policy that central government will pay 200 billion local debts on behalf of local governments in early 2009, local bonds have finally been launched in a disguised form, bypassing the state budget law that does not allow local governments to issue bonds directly limit. However, with this series of positive fiscal policies, the risks of fiscal liabilities of local governments are magnified. This paper first introduces the classification of local government debt risk and the current fiscal policy, and then expounds the impact of the current fiscal policy on the local fiscal liability risk and gives some suggestions on how to prevent the local government’s fiscal liability risk under the current situation.