积极的财政政策作为特定条件下的特定政策已经实施了多年,其发挥的政策空间正变得越来越有限。回顾5年来积极财政政策的国债投资,其效能大致体现在:积累性支出投向基础设施建设,缓解了长期以来经济发展中的“瓶颈”制约;国债向中西部地区倾斜,通过转移性支出拉动了西部地区居民 As a specific policy under certain conditions, active fiscal policy has been implemented for many years and its policy space is becoming more and more limited. Looking back on the active investment in treasury bonds over the past five years, the effectiveness of treasury bonds is generally reflected in the following: Accumulated expenditures devoted to infrastructure construction have eased the “bottleneck” constraints in the long-term economic development. Treasury bonds have leaped to the central and western regions, Western residents