中国公益基础设施：分析框架与投资策略研究报告（简版）
䕇兦假㛶⮕卥呻厜┱䫌鰑瞬汻煝疵䫟广 矻曬 ꇔ鴤յ茤徏յ氲⟥羱缘瞏缋嵴㕈熝駦偢溸ꓨ锢䙎┯阌脯ᄧ㐃䡝ㄌ⪫漩뀖㔔□儱㠁婟ն⪫漩㕈熝駦偢儱ꄽꁩ怮鳉䡝ㄌ⪫漩◜╃㺥溸⪴䙎괛寛脯䳀ⶬ⪼侞茤溸鿞燖⚂騠锢筷溸䙰璼ն䕼間㺂긖溸⪫漩㕈熝駦偢儱➶ꂛ⪫漩缀缃呦䖦⪫漩⚃⡽ꨄ谷俠✅缀缃㺥溸⻄璀┺╃佻䭦䙎劚ⲏ╚間㺂긖溸⪫漩㕈熝駦偢濫濤◟䓺䧯둛侞ꁾ✑溸䡝ㄌ⪫漩鉿╃╭锢䭇㕇芍⪫漩缀缃溸㳯㊮յ➶ꂛ┺╃⮕䈰谷⻎⻉✑溸佻䭦羱缘♨➶ꂛ┪┬廷❵괛㸉䱹谷☆儅ꁒ䧯溸⟥氠勨⯜յⳫ䯧䌐⺬谷⪫漩䉗㐙瞏㴥間㺂긖溸⪫漩㕈熝駦偢⮯濫濤◟⚳䡝ㄌ⪫漩鉿╃┱楒㘷溸◧Ⲙ䭇䪆㝕⪫漩鰑徏䫌⪝յ㴟ㄌ㴥間⯜䍳楒㘷յ觝ꅐ⪫漩倁յ䲀Ⲙ⪫漩焒駮气☋谷⮕☑瞏ն⪫漩㕈熝駦偢䐮駦锢玒때谷熏㏍⩪⮕䮢侓䍠յ⚕◜╃⛻谷䡝ㄌ⪫漩鉿╃蔦麄溸㝃做✑氠䓺䧯⻉ⲇն⡍㸍侓䍠㸞㴟ㄌ⪫漩㕈熝駦偢✑╬䲀Ⲙ䡝ㄌ⪫漩◜╃㺥溸ꓨ锢䫈䩘⮱假勨⯜䲀Ⲙ⚕◜╃⛻䳀❵剳㝃⪫漩㕈熝駦偢劚ⲏ㸞佻䭦⪫漩㕈熝駦偢㺥绯⪝䨿劔⪫漩嵛Ⲙ╚觝ꅐ䨿劔鰑ⲙ勨卐佻䭦⪫漩㕈熝駦偢㺥溸ꪍ侞勨⯜ն锢广⪝⯒╃ⲏ㺂긖㕈◟⪫漩㕈熝駦偢劚ⲏ溸缋嵴㺲䙎ꓠ⺆┯⻎溸䫌鰑瞬汻ն㸉◟⪾劔⪫⪴朮㺲䙎溸ꄽ氠㒘焒駮气☋⺪㝃ꓠ⺆銣❵做埛䑑潳䱹䫌鰑◟㕈熝駦偢勨卐脯㸉◟⪾劔瑮☭朮㺲䙎溸㴼⯜劚ⲏ⺪㝃ꓠ⺆銣괛做埛䑑ꄽꁩ╬⪫漩缀缃鯺▷佻䭦䙎劚ⲏ䳀❵鰑ⲙꭊ䱹䲀Ⲙ⪫漩㕈熝駦偢㺥ն䷃锢 潸⪸嚤䗼汕㴼⪫漩㕈熝駦偢潸⪸嚤䗼ꀥ卥䕼間㺂긖溸⪫漩㕈熝駦偢⮕卥╚間㺂긖溸⪫漩㕈熝駦偢⮕卥㴥間㺂긖溸⪫漩㕈熝駦偢⮕卥㺥⪫漩㕈熝駦偢溸㕈勔䘽鴤玒때┱熏㏍⪫漩㕈熝駦偢缂⮕뀖㔔䫌鰑瞬汻☴▂儱㕈熝駦偢㕈熝駦偢槏駢忈徏㕈熝駦偢⮕卥溸◝缰焘ꮔ呻厜uuuuuuuuuu12345蔺驊㕈熝駦偢缋嵴㳔呦䖦嚤䗼汕㴼谷ꀥ卥╚㎼⪫漩㕈熝駦偢㺥呻厜┱⮕卥╚㎼⪫漩㕈熝駦偢䫌鰑瞬汻 ㎽潨䓡㎽缋嵴㳔閗閤溸朮⮕稝㎽勔䫟广╚溸⪫漩缀缃谷⪫漩獘⚷缀缃┱潸⪸嚤䗼溸⪸笡㎽8*/(4⪫漩佻䭦气䘒笡缛锢筷谷⪸笡㎽㵄楓䡝ㄌ⪫漩◜╃❈聿溸㕈勔勨⯜㎽⪫漩呦䖦⚃⡽ꨄ┱膷茤佻䭦㎽╭✅閗閤┬溸⪫漩鉿╃㎽矻溸⪫漩䉗㐙埛㒘㎽䡝ㄌ⪫漩◜╃溸笡缛┱楒㘷銩潨䓡銩䡝ㄌ⪫漩溸㎃璀䐻鯵䙎缀⻉銩䳀ⶬ劚ⲏ㒘⪫漩缀缃侞茤溸⪫漩㕈熝駦偢銩䳀ⶬ⪫漩鉿╃侞茤溸⪫漩㕈熝駦偢銩➶ꂛ䡝ㄌ⪫漩◜╃䭦缩㺥溸⪫漩㕈熝駦偢 ┞薮駌╬⪫漩㕈熝駦偢ꂘ┞嚤䗼劅⮵儱匡蔦㸉缋嵴㕈熝駦偢溸갬ᄧն㎌婟㎈뀎缋嵴㕈熝駦偢溸槏駢悎ꂛ劔ⲙ◟笡缛⬮燛㐌槏闌⪫漩㕈熝駦偢卐䐮谷⚳䫌鰑瞬汻ն㕈熝駦偢JOGSBTUSVDUVSF䭶վ缋嵴㳔溯璇⪢▫Encyclopedia of Economicsտ 溸 ꓤ ▄ 儱 䭰 潳 䱹 䧶 ꭊ 䱹 㐌 劔 ⲙ ◟ 䳀 둛 ☋ ⮃ 寊 䌐 谷 气 ☋ 侞 椚溸缋嵴嵛Ⲙ⪼㕈勔锢筷儱☆ꄽꁾꀂյⲘⲇ气☋յꄽ駗谷ꧼ鉿╃յ侷芍谷气駦偢瞏笡缛♨⪾劔虙䍈溸侓䍠谷侓岖缏卐ն⺪閒㕈熝駦偢儱┞╗긌䊬㶄峅溸嚤䗼◗⻄璀㸉缋嵴☋⮃寊䌐谷气☋侞椚劔璺卋䔕⿱溸鿞燖⚂騠锢筷ն1㕈熝駦偢缋嵴㳔 ☴▂儱㕈熝駦偢餴⸔㛇炄霃倶䖎㺂僒椚鍒㥵卓⡹䟝鵘鷐餗暟⡹㽠銳⥝䒊♧勵麤騟㥵卓⡹䟝ⵖ鸣导鲨⡹㽠銳䒊鸣♧⚡䊨色 鵯呋涸⢾㶩♶胿卐⚿կ麤騟ㄤ䊨色〳腊♶⫸鳁鲨ㄤ气鲨齡呋雮➃Ⱓ㤃⡎㸐⟌涸㶸㖈⢪た罏涸佪桧넞䖤㢴Ղ䒼ꨭ䗞 v 끩㼷䗞'SFE.VMEFS薉㕂餴⸔緸絞 5IF'VOEJOH/FUXPSL 6, 㨤➃ 鿛䑜蔦#FOKBNJO#FMMFHZ Unlocking philanthropy’ s potential: What funders can do to build strong philanthropy support ecosystems.8PSMEXJEF*OJUJBUJWFTGPS(SBOUNBLFS4VQQPSU 8*/(4 勔䫟广╚氠䫌鰑 JOWFTUJOH 脯┯儱鰑ⲙ GVOEJOH 溸嚤䗼僁㐃䒩騫㸉⪫漩㕈熝駦偢溸䫌⪝㸉◟䡝ㄌ⪫漩◜╃㺥䨿⪾劔溸㎈䫟䙎ն(SFFOXBSE %PVHMBT Encyclopedia of Economics/FX:PSL /:.D(SBX)JMM8PSME#BOL World Development Report 1997: The State in a Changing World/FX:PSL0YGPSE6OJWFSTJUZ1SFTT✑╬侓䍠呦䖦❈聿溸◩뀉㕈勔膷鯰䭇燛㴼岻䔾㕈熝⟛䭦┞╗勑錻熏㐿溸侓瞬楒㘷䭇⟛䭦㴥間缋嵴溸甯㴼䫌鰑◟㕈勔溸獘⚷劚ⲏ谷㕈熝駦偢⟛䫞䒙ⲹ聁✅⟛䫞楒㘷ն8PSME#BOL World Development Report 1994: Infrastructure for Development./FX:PSL0YGPSE6OJWFSTJUZ1SFTT8PSME#BOL World Development Report 1998/1999: Knowledge for Development. /FX:PSL0YGPSE6OJWFSTJUZ1SFTT8PSME#BOL World Development Report 2002: Building Institutions for Markets. /FX:PSL0YGPSE6OJWFSTJUZ1SFTT┿汕ꧼ鉿㸞䫌鰑◟㕈勔溸獘⚷劚ⲏ谷㕈熝駦偢✑╬侓䍠呦䖦❈聿溸◩뀉㕈勔膷鯰▇┞նվ 䌑 ┿ 汕 㺥 䫟 广 ╬ 㺥 䳀 ❵ 㕈 熝 駦 偢 տ 㸞 㕈 熝駦偢⮦⮕╬缋嵴䙎㕈熝駦偢FDPOPNJDJOGSBTUSVDUVSF┱獘⚷䙎㕈熝駦偢 T P D J B M J O G S B T U S V D U V S F ⪼ ╚ 缋 嵴 䙎 㕈 熝 駦 偢 ╭ 锢 䭇 ⪫ ⪴ ◜ ╃ 氲 ⲇ յ硅ꇔ㝙撬官յ氲⟥յ❵寊硅羱յ楒㘷气谷對寊㜘槏յ㎷✅䍤䐽朮侅겐㜘槏瞏յ⪫⪴䈰瓨氠◟拪徃谷䱗寊溸㝕㑒谷岉ꇔ䈰瓨瞏♨⪼♑☆ꄽꁾꀂꌄꬾ꧇鴤յ㓻䉗☆ꄽյ⺛յ寊鴤谷勨㐙瞏脯獘⚷䙎㕈熝駦偢⮯ꄽ䊬䭇侷芍谷气瞏նվ 䌑 ┿ 汕 㺥 䫟 广 ♨ 焒 駮 ➶ ꂛ 㺥 տ ♈ ⺞ ┞ 閗 閤 㸞 㕈熝駦偢⮦⮕╬燖㕈熝駦偢IBSEJOGSBTUSVDUVSF谷鿞㕈熝駦偢 T P G U J O G S B T U S V D U V S F ⯼ 脢 㠁 ☆ ꄽ յ ꄽ 駗 瞏 ⻑ 脢 㠁 劔 侞 溸 岻 岖 յ ꓭ 鄌谷侷芍✅笡瞏ն┿汕ꧼ鉿䒩騫鿞㕈熝駦偢㠁卐䐮婞䑑谷긌婞䑑溸佻䭦䉗㐙芍谷劔侞ꁾ鉿溸⯜䍳㸉◟➶ꂛ㺥⪾劔卋╬ꓨ锢溸䟩▄ն 㕈熝駦偢槏駢忈徏㕈熝駦偢溸䘽䞰劅僃⺪ꃰ忈⯒缋嵴㳔▇曋◱䓝 u 偅㶕"EBN4NJUIն♑㐃վ㎼㶡駢An Inquiry into the Nature and Causes of the Wealth of Nationsտꂘ 勔 ⮦ 僓 ♣ 溸 䈵 詇 ╚ ꭦ ꓤ ◗ 侓 䍠 锢 㻀 鉿 溸 ┩ 璀 㕈 勔 膷 鯰 ㎼ꮑյ⺶岻谷⪫⪴劚ⲏ⪼╚⪫⪴劚ⲏ膷鯰╭锢䭇➬⯈◟┞薮ガ╃谷杅媗ꌄꬾ溸⪫⪴䈰瓨谷勨⪸♨㸉귱䌑谷⪼♑䌑볝☭聁溸侷芍佻⮃ն偅㶕ꂖꂛ┞婢䱲駐◗㎼ꮑյ⺶岻♨┯⻎㕈熝駦偢溸鰆氠匡徏ն㸉◟➬⯈┞薮ガ╃溸⪫⪴駦偢㠁ꇔ鴤յ咪哖յꁾ岉յ彵瞏㸉俠╗獘⚷儱劔⯈溸氮㎼㵶䐷佻䌔傱┯䓝⛰□⺪ꄽꁩ⻔❈氠ꂘ◲駦偢溸潳䱹⺇漩脢侅⺆鰆氠匡䐮駦谷缰䫞蝄┯茤氮蔦麄侅⪝缰䭦脯⪼➬⯈☹ꮺ◟杅㴼㐌做䧶ⶔ㔔氮㐌做鉿侓䓝㹾匡䫌⪝谷硅槏鿲▇氮㎼㵶鯬鯰剳╬㡚䓝➬⯈杅媗ガ╃溸㕈熝駦偢䐮駦谷缰䫞⮯⺪⻔騍ガ╃ꌄꬾ䔰侅杅⯋溸뀭㜾鰆氠脯侷芍駦偢溸䐮駦谷缰䫞⺪❈俠╗㎼㵶⺇漩嵫㎌婟氮㎼㵶佻♕儱⻉槏溸⛰□⺪劔潳䱹⺇漩脢♕鰆谷䡝ㄌ㕈ꓭ瞏㝃璀⪼♑鰑ꓭ匡徏ն偅㶕㸉⪫⪴䈰瓨瞏㕈熝駦偢ꓨ锢䙎յ鰑ꓭ匡徏谷鯰⚈⮕䬎溸窢ꀓ駢ꃎ㐃 㝃䌑⻑溸♁㝙❹撬ꭀ脘濫冝䢘溸⩱蚘նվ㎼㶡駢տվ"O*ORVJSZJOUPUIF/BUVSFBOE$BVTFTPGUIF8FBMUIPG/BUJPOTտ缋嵴㳔▇曋◱䓝 u 偅㶕"EBN4NJUI 㕈熝駦偢溸䘽䞰劅僃⺪ꃰ忈⯒缋嵴㳔▇曋◱䓝 u 偅㶕"EBN4NJUIն♑㐃վ㎼㶡駢An Inquiry into the Nature and Causes of the Wealth of Nationsտꂘ 勔 ⮦ 僓 ♣ 溸 䈵 詇 ╚ ꭦ ꓤ ◗ 侓 䍠 锢 㻀 鉿 溸 ┩ 璀 㕈 勔 膷 鯰 ㎼ꮑյ⺶岻谷⪫⪴劚ⲏ⪼╚⪫⪴劚ⲏ膷鯰╭锢䭇➬⯈◟┞薮ガ╃谷杅媗ꌄꬾ溸⪫⪴䈰瓨谷勨⪸♨㸉귱䌑谷⪼♑䌑볝☭聁溸侷芍佻⮃ն偅㶕ꂖꂛ┞婢䱲駐◗㎼ꮑյ⺶岻♨┯⻎㕈熝駦偢溸鰆氠匡徏ն㸉◟➬⯈┞薮ガ╃溸⪫⪴駦偢㠁ꇔ鴤յ咪哖յꁾ岉յ彵瞏㸉俠╗獘⚷儱劔⯈溸氮㎼㵶䐷佻䌔傱┯䓝⛰□⺪ꄽꁩ⻔❈氠ꂘ◲駦偢溸潳䱹⺇漩脢侅⺆鰆氠匡䐮駦谷缰䫞蝄┯茤氮蔦麄侅⪝缰䭦脯⪼➬⯈☹ꮺ◟杅㴼㐌做䧶ⶔ㔔氮㐌做鉿侓䓝㹾匡䫌⪝谷硅槏鿲▇氮㎼㵶鯬鯰剳╬㡚䓝➬⯈杅媗ガ╃溸㕈熝駦偢䐮駦谷缰䫞⮯⺪⻔騍ガ╃ꌄꬾ䔰侅杅⯋溸뀭㜾鰆氠脯侷芍駦偢溸䐮駦谷缰䫞⺪❈俠╗㎼㵶⺇漩嵫㎌婟氮㎼㵶佻♕儱⻉槏溸⛰□⺪劔潳䱹⺇漩脢♕鰆谷䡝ㄌ㕈ꓭ瞏㝃璀⪼♑鰑ꓭ匡徏ն偅㶕㸉⪫⪴䈰瓨瞏㕈熝駦偢ꓨ锢䙎յ鰑ꓭ匡徏谷鯰⚈⮕䬎溸窢ꀓ駢ꃎ㐃 㝃䌑⻑溸♁㝙❹撬ꭀ脘濫冝䢘溸⩱蚘ն4NJUI "EBN An Inquiry into the Nature and Causes of the Wealth of Nations.0YGPSE$MBSFOEPO1SFTT駹倁脞◱䓝 u 偅㶕 ㎼宑鯯㶡溸䙎鯵谷ⸯ㎌溸煝疵┬ⷳꌏ㝕ⲇյ椟◱ⷂ駹ⵌ☓ガⲏⷧ▫눒ն ⻎┪ն3PTFOTUFJO3PEBO 1/ /PUFTPOUIF5IFPSZPGUIF#JH1VTI*n Economic Development for Latin America FEJUFECZ)PXBSE4&MMJTBOE)FOSZ$8BMMJDI/FX:PSL /:4U.BSUJO獘⚷ꭊ䱹鰑勔4PDJBMPWFSIFBEDBQJUBM㝕䲀ꂛ槏駢5IFPSZPGUIF#JH1VTI⟛羻 u 羻喖偅㑝 羻╫1BVM3PTFOTUFJO3PEBO 䱗♑䙎儱⻲FYDMVEBCJMJUZ巆鰆皶◚䙎SJWBMSZJODPOTVNQUJPO儱⻲㎽缋嵴㳔閗閤溸朮⮕稝 㕈熝駦偢⮕卥溸◝缰焘ꮔ呻厜⪸◟朮缋嵴㺲䙎溸煝疵╬⮕卥㕈熝駦偢䳀❵◗矻绢溸呻厜ն♈缋嵴㳔閗閤澚朮劔═╗ꓨ锢脯栃皒溸㺲
