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Local financial risk refers to various factors intensify contradictions in fiscal revenue and expenditure triggered in the process of local financial operation,then run to the local financial balance the possibility of a breakdown,is the concentrated expression of the social and economic risks in the financial area.As the specific area of a risk,local financial risks has its objectivity and universality.The local financial risks appear gradually with the deepening of economic reform,look into the reasons,enhance the awareness of prevention,has important practical significance the protection of local financial stable operation.This article will analyze its system causes main.
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