摘要
21世纪以来,日本财政处于赤字状态,债务不断膨胀,出现"赤字下滑、债务趋稳"和"赤字攀升、债务剧增"的两个发展阶段。"强财政、弱货币"组合使宏观经济调控更依赖于财政手段,政府面对周期波动时实施相机抉择的财政政策,内债、本币债、长期债占比较高舒缓了日本公共财政面临的压力;政府在短视利益驱动下产生强烈的赤字财政动机。在可预见的未来,政策组合、经济周期、债务结构和政局更迭等因素难以改变,日本赤字和债务趋于改善还有很长的路要走。
Japan is always in fiscal deficit, and its debts are expanding continuously since 2001. If ob- serving the speed of growth, the period of public finance can be divided into two parts： one is character- ized by ＂ deficit declining and debt stabilizing＂ , the other is characterized by ＂ deficit increasing and debt growing＂. Regulations mainly rely on fiscal policy under the association of ＂ strong finance, weak mon- ey＂. When facing economic cycle, Japanese government often carries out fiscal policy towards discretion. The high ratio of internal debt, domestic currency debt, long - term debt can lighten the pressure of pub- lic finance. The government has strong intention to expand deficit because of short sight. The deficit and debt are unlikely to decrease in foreseeable future, because the factors that influence Japanese public fi- nance are not change in a short term.
出处
《现代日本经济》
CSSCI
北大核心
2015年第2期29-37,共9页
Contemporary Economy OF Japan
基金
2011年教育部人文社会科学研究青年基金项目"当前世界经济周期波动及其变动趋势研究"(11YJCGJW013)
国家社会科学基金重点项目"贸易-资本双权重下的人民币有效汇率指数编制研究"(13AJL008)
国家自然科学基金项目"金融约束的居民消费抑制和经济动态效率研究"(71263017)
关键词
日本
公共财政
赤字率
债务率
赤字动机
Japan, public finance, deficit ratio, debt ratio, deficit intention
