财政政策传导机制直接反映市场机制效率的高低，同时也会影响到财政政策效应的实现。
Fiscal policy transmission mechanism directly reflects the efficiency of the market mechanism and it also affects the effects of fiscal policy.
各国对通货紧缩的治理也存在着政策上的冲突，要实现对通货紧缩的有效治理，必须明确通货紧缩的传导机制。
There have many conflicts with the policy of deflation administration. So it is vital now to define the conduction of deflation.
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