Özet:

Improvements in money markets directly influence the real sector. For the reason that the politicians have recently preferred monetary policy to fiscal policy, the importance of transmission mechanisms has been increased. Therefore; ensuring effective money transmission mechanisms which meet the needs of the national economies is selected as the basic target. Ineffective function of a mechanism or lack of it causes the economy administrations to prefer solely fiscal policies. In addition to the lack of alternative policies, the restriction of the fiscal policies to some sectors will not be able to provide the desirable improvement in the whole economy. On the other hand, liberal policies reducing the size of the public sector. This reduction causes the investments to remain low levels. Because of such reasons the importance of monetary policies has been increasing day by day.

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