One problem with economics is that it is necessarily focused on policy, rather than discovery of fundamentals.

First, the fundamentals.

MILAN The recent dramatic declines in equity markets worldwide are a response to the interaction of two factors economic fundamentals and policy responses or, rather, the lack of policy responses.

Despite their strong fundamentals, emerging countries still feel vulnerable in the face of the West s economic weakness, policy shortfalls, and political paralysis.

A new Flexible Credit Line makes high volume financing available even before a crisis has struck without any ex post policy conditionality to qualifying countries with strong economic fundamentals and policy frameworks.

The Economic Fundamentals of 2013

Because European interest rates no longer are clearly out of whack with the fundamentals of the euro zone economy, monetary policy has become more complex.

Back to Fundamentals in Emerging Markets

Economic fundamentals have fallen by the wayside.

Economists believe that market forces drive prices to fundamentals.

None of this can be explained by economic fundamentals.

Such volatility does not fit a fundamentals driven market.

Despite continuing economic recovery, economic fundamentals remain, however, inadequate.

First if we grant that Shiller s regression analyses correctly identified long run fundamentals a decade ago betting on fundamentals for the long term is overwhelmingly risky.

In forecasting interest rates one is engaged not in examining fundamentals, but in predicting what average market opinion expects average market opinion about fundamentals to be.

While such words merit caution, economy fundamentals bear them out.

Eventually, stock prices do reflect the fundamentals of the economy.

Confidence is important, but it must rest on sound fundamentals.

Despite improvements and reforms, many of Japan's fundamentals remain woeful.

Given Russia s economic fundamentals, Putin s diminished popularity might appear surprising.

The honeymoon for the European Central Bank is over. Because European interest rates no longer are clearly out of whack with the fundamentals of the euro zone economy, monetary policy has become more complex.

By doing so, they will push prices close to fundamentals today.

However powerful, brands cannot divorce pricing from fundamentals entirely and forever.

In the past year, the world has seen another boom, with a tsunami of capital, portfolio equity, and fixed income investments surging into emerging market countries perceived as having strong macroeconomic, policy, and financial fundamentals.

What is irrational about factoring in such fundamentals when trading a currency?

But it should not distract us from the fundamentals of Iranian politics.

They recognize the dynamic, transparent, and competitive fundamentals of the Irish economy.

Consequently, the resulting surface calm masks still worrisome economic and financial fundamentals.

The recent rise in gold prices is only partially justified by fundamentals.

With growth anemic in most advanced economies, the rally in risky assets that began in the second half of 2012 has not been driven by improved fundamentals, but rather by fresh rounds of unconventional monetary policy.

This is the case for countries with both relatively weak and strong fundamentals.

After all, a currency s exchange rate is not determined only by economic fundamentals.

Another alternative is to recall the late Rudi Dornbusch, who taught that any economist who forecasts interest rates based on fundamentals is a fool, because fundamentals are complex and unstable, shifting suddenly and substantially.

But appearances can deceive. Despite improvements and reforms, many of Japan's fundamentals remain woeful.

The risk of a correction in the face of disappointing macroeconomic fundamentals is clear.

When justified by economic fundamentals, the exchange rate should be allowed to rise gradually.

But strong legal fundamentals are no less important for creating a business friendly environment.

In the process, they often insert a wedge that essentially disconnects fundamentals from pricing.

This turn towards authoritarianism bodes ill for the Turkish economy, despite its strong fundamentals.

OIOS believes that, for the first two, the fundamentals of cooperation and coordination are

These are an anemic, below trend, U shaped recovery in advanced economies, as firms and households continue to repair their balance sheets a stronger, V shaped recovery in emerging market countries, owing to stronger macroeconomic, financial, and policy fundamentals.

The discussions before the crisis illustrated how little had been done to repair economic fundamentals.

BEIJING Despite shaky economic fundamentals, US government securities are usually regarded as a safe haven.

The market price of Treasuries eventually will fall to levels dictated by US economic fundamentals.

Even if an economist correctly understands fundamentals, Dornbusch warned, that doesn't mean that markets do.