Higher prices for food and oil, as well as other "external shocks" - such as volatile capital flows from the uncertainties in the Middle East - are undermining economic confidence in Asia Pacific.

粮食和原油价格上涨，以及中东动荡局势导致热钱向亚洲涌入等外部因素正在削弱人们对于亚太地区经济复苏的信心。

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We are also concerned that if capital flows were to reverse or interest rates rebound, asset prices would become more volatile.

我们亦关注一旦资金逆转或利率回升，资产价格会有大幅的波动。

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For most emerging economies, however, intervention is more about coping with volatile capital flows.

ECONOMIST: Currencies

And financial uncertainty, together with sharp shifts in risk appetite, has led to volatile capital flows.

FORBES: Global Economic Fundamentals Not-So-Sound

We at the Centre for Research into Economics and Finance in Southern Africa, at the London School of Economics, and External Finance for Africa are involved in projects in more than 15 African countries aimed at enhancing their ability to monitor and to manage volatile international capital flows.

ECONOMIST: Letters