Research on the Problems and Countermeasures of Local Government Bonds Issuance

Abstract

Local government bonds issuance not only is an essential fiscal policy but also plays an important role in promoting the development of the local economy. However, the issuance of it is relatively prominent at present, which has increasingly attracted extensive attention from the theoretical and practical circles. Combining with the current situation of local government bonds issuance, this paper systematically elaborates on the necessity of local government bonds issuance, and sort out the main problems existing in the actual issuance process. Finally, effective countermeasures are put forward, aiming to provide useful references for future bond issuance and management.