6  BIS central bankers’ speeches  Asian emerging economies face a more rapid pace of capital inflows than emerging economies of other regions. From 2000 to 2011, the amount of capital inflows to emerging Asia showed an 8.8-fold expansion. This growth is greater than that for emerging Latin American economies, whose capital inflows showed only a 4.6-fold increase over the same period.
Trichet: The one has nothing to do with the other. We are observing a global increase in the prices of oil and commodities. That’s a result not of the crisis, but of the current rapid economic recovery in emerging markets. Zeit: So you will have to raise the interest rate?