Asian Development Outlook 2009 Update: Broadening Openness for a Resilient Asia

Publication | September 2009
Asian Development Outlook 2009 Update: Broadening Openness for a Resilient Asia

Developing countries in Asia are proving to be more resilient to the global economic slowdown than was previously expected. Somewhat stronger growth is expected for both this year and next.

Developing Asia as a whole is proving to be more resilient to the global economic slowdown than was expected when Asian Development Outlook 2009 (ADO 2009) was published in March this year. Consequently, this Update sees somewhat stronger growth for both this year and next than was earlier forecast.