All aboard for Asia's bumpy decade ahead

As investors ponder a re-run of the GFC, Reserve Bank officials were last week warned of the potential for another AFC - Asian financial crisis.

Distinguished Peking University economists, Yiping Huang and Bijun Wang, presented a paper at the bank's annual closed-door conference that assessed Asia's economic performance over the past decade and looked ahead to the prospects for the next 10 years.

Global growth tipped to fuel resources rise

Asia's economic pace has been moderating after a sharp rebound from the global financial crisis, said the World Bank this week.

However, the bank said, "over the medium term, East Asia has the potential to sustain rapid increases in living standards, even as the global economy enters a more challenging phase".