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.

This edition sees developing Asia emerging from the recent crisis and posting a strong recovery in the next 2 years, as a moderate global recovery supports a modest revival in global trade. Investment is expected to remain strong and private consumption is anticipated to improve. Inflation will pick up, but at manageable levels

Developing Asia's economies proved their resilience in the face of a tremendous external shock