The Triple Direction of Local Government Debt Governance in the Perspective of Government Credit

Abstract

With the rapid development of my country's economy and society and the deepening of fiscal system reform, local government debt issues have increasingly become an important factor affecting national fiscal security and regional economic stability. Based on the value connotation of local government debt governance from the perspective of government credit, this paper proposes innovative paths to improve local government debt governance from the aspects of strengthening top-level design, promoting debt management system reform and implementing talent introduction, aiming at the problems of mismatching financial power and administrative power, the need to improve the debt management system and the shortage of relevant professional talents in the current governance of local government debt. This paper provides some references for the modernization of the local government debt governance system.