【作者】 刘继新；

【导师】 徐文吉；

【作者基本信息】 吉林大学 ， 世界经济， 2013， 博士

【摘要】 日本信托制度虽引自美国，但在发展过程中与国内经济与金融相配合，灵活的运用制度与方式，不断地扩充规模与效益，发展成为日本金融体系的支柱，并有其独特的作用。在日本，信托业目前不是单独存在，而是作为信托银行、与其他银行、证券和保险享有同等的待遇与发展契机，因为信托银行享有的制度与政策的优势，因此在日本金融业中处于一种优势地位，日本信托业在日本经济发展中的作用也非常明显。中国目前经济发展强烈的需求健康的金融组织与健全的金融体系，而中国信托业的发展起步晚，相关的制度配套不完善，与目前的中国的金融需求差距甚远。本研究就是在这样的历史背景及前提下，选择了日本信托业的发展历程、发展模式、信托发展对金融及经济发展的作用作为研究对象。本文对日本信托自引入以来发展的历程、日本信托发展的模式进行系统论述、并揭示日本信托在国民经济中与金融、经济之间的关系及其在推进日本信托发展的历史作用。日本信托最近几十年来的发展时期渗透到国民经济的各个部门，本文将日本信托的发展至于日本经济发展的几个阶段背景下予以考察，从分析来看，没有日本经济的蓬勃发展就没有日本信托的今天，日本的信托业通过优化金融的资源配置，改变资本市场和货币市场结构对经济发展起到积极作用。在这种情况下，本文梳理了目前理论界对信托的研究现状及信托的起源及业务行为，并以金融发展理论为基础，认为金融信托发展理论是金融发展理论的重要组成部分，金融信托与经济发展相辅相成主要研究日本信托业发展的历程、发展模式及其对金融、经济发展的作用,以实证模型分析的方法分析了日本信托与经济发展之间的联动性，日本信托的发展模式与发展水平，是有益于日本经济发展的。不断完善的信托制度是日本信托业发展的基础，而且信托业不断繁荣是日本经济发展在技术进步和资本劳动因素之外的重要动力。信托的发展带动了生产资料的优化配置，使得资本与劳动力的生产效率进一步提高。在分析日本信托发展积极方面的同时理清日本信托业发展过程中的障碍及消极作用，分析日本信托业健康发展，并发挥推动经济发展作用的原因；进而在此基础上，提出实现中国信托业迅速发展的政策建议，从日本信托发展中得到启示避免弯路。宏观经济环境的变化，以及金融监管、创新和改革的变迁不仅是近年来日本信托业蓬勃发展，形成文中发展模式的主要推动力，而且也是影响信托业未来走向的决定性因素。和日本类似，中国信托业的发展变化也是和中国宏观经济环境以及金融自由化改革这两个关键词紧密联系在一起的。因此，我们应该可以通过回顾日本的经验，找到中国信托业现在面临的潜在风险，窥探出未来的发展方向。更多还原

【Abstract】 Although Japanese trust system is quoted from the United States, in the processof its development, it coordinates well with domestic economy and finance. Itsflexible system and mode continuously expand the scale and efficiency, become themainstay of Japan’s financial system, and also have its unique impact.The Japanese trust industry does not occur alone, but occur as trust banks, andhas equal treatment and development opportunity with other banks, securities andinsurance. Due to the advantages on system and policy, trust banks have a dominantposition in Japan’s financial sector. The role of trust industry in Japanese economy isalso very obvious.Japan’s economy has developed rapidly in1960s. In that period, trust industryhas a very important effect. And China’s current economic development and Japanhave some similarities.China’s current economic development strongly demands healthy financialorganization and a sound financial system. However, due to the late development ofChina’s trust industry and the inadequate supporting system, there are huge gapbetween the former and financial requirement.Based on this historical background and premise, this essay chooses developmenthistory, development pattern of trust industry, and the role of trust development to thefinancial and economic development as research objects.This essay tries to give a systematical discussion on the development mode ofJapanese trust industry; uncover the relationship between Japanese trust industry andJapan’s economy. Besides, this essay tries to elaborate the historical function ofJapanese trust industry.In recent decades, Japanese trust industry penetrates into various sectors of thenational economy. Without the vigorous development of Japan’s economy, there is notrust industry in Japan today. Through the optimization of financial resource allocation,Japan’s trust industry plays an active role in changing the structure of capital market,monetary market and economic development. In this case, this article combs current research on trust industry, its origin andbusiness behavior. Based on the theory of financial development, this essay holds theidea that theory of financial development of trust industry is an important part of thetheory of financial development. This paper uses an empirical model analysis methodto states the correlation between of Japanese trust industry and Japan’s economy.More important, the development mode and level of Japanese trust industry isbeneficial to the development of Japan’s economy.Constantly improved trust system is the basic of the development of trustindustry, whereas the constantly development of trust industry becomes the impetusbesides technology progress and capital labor factor in the process of Japan’seconomic development.The development of trust has been driving the optimization of the productionconfiguration, so as to improve the efficiency of capital and labor. Except for thepositive aspects, Japanese trust industry also encounters certain obstacles and negativeeffect during its development. Therefore, this essay raises some policyrecommendations on how to rapidly develop Chinese trust industry. These suggestionsis good for China to avoid detours.Changes in the macroeconomic environment, financial regulation and theinnovation and reform is not only the main driving force of Japanese trustdevelopment in recent years, but also the decisive factor to influence the future of thebusiness.Similar to Japan, the development of Chinese trust industry changes are alsoclosely linked to China’s macroeconomic environment and the financial liberalizationreform.Due to the large scale and characteristics of China’s economic development,there is a certain need of a huge financing market. Therefore, this financing marketnot only relies on bank loans, but also needs capital market, trust company, VC fundand small loan companies to compensate. It is important to expand the wholefinancing channels, establish diversified financing market, in order to meet the capitalrequirements of the development of national economy.Also, social wealth needs to be preserved and appreciation. Outside thetraditional bank deposit and security market, the public has a broad financial demands.They all willing to ensure the safety of capital during the process of fighting inflation.Therefore, as a fixed—income financial product, trust products cater to the current public finance preference.Trust companies effectively combine the needs of project financing demand andsocial financial needs. More importantly, they can find out market space between thetwo, and constantly attract social capital to support economic development; and willproduce economic benefit back to the public——this is the survival ethics andstanding point of China’s trust companies.Hence, we might find out both underlying risks and future direction of China’strust industry by reviewing Japan’s experience.更多还原