RT null T1 Asian Development Outlook 2009 Update: Broadening Openness for a Resilient Asia A1 Asian Development Bank, K1 degradation of natural resource K1 management of natural resource K1 natural resource K1 resource conservation K1 resource management K1 environmental assessment K1 environmental conservation K1 environmental change K1 biodiversity K1 ecosystem K1 ecosystem analysis K1 ecosystem degradation K1 poverty K1 finance K1 financing K1 financial assistance K1 financial management K1 investment K1 monetary relation K1 economic activity K1 economic development K1 economic plan K1 economic structure K1 economics K1 economy K1 environmental economy issue K1 environmental development K1 sustainable development K1 sustainable use PB Asian Development Bank YR 2009 FD 2009 LK https://wedocs.unep.org/handle/20.500.11822/8901 UL https://wedocs.unep.org/handle/20.500.11822/8901 NO This document provides an updated assessment of economic conditions and short-term prospects across developing Asia and the Pacific during the global economic downturn of 2008 and 2009. It reviews recent growth performance, inflation trends, external balances, and fiscal and monetary responses, with revised projections reflecting stronger than expected recovery in several large economies. The analysis draws on country and subregional data to examine how external shocks were transmitted mainly through trade, while financial systems remained relatively stable. A dedicated analytical section evaluates the structure of openness in trade, financial integration, and labor migration, highlighting vulnerabilities from narrow export dependence and outlining evidence on shifting regional demand patterns. DS UN Environment Document Repository RD Sep 17, 2026