1、Asian Development Outlook 2020 Update Wellness in Worrying Times Developing Asia has suff ered as the COVID-19 pandemic persists. Growth, trade, and tourism collapsed in2020, leading to the regions fi rst economic contraction in nea rly 6 decades. Governments across Asia acted quickly to contain the
2、 virus and its economic eff ects, and signs of bottoming out have now appeared. Infl ation remains benign, constrained by depressed demand and declining food prices. A prolonged pandemic is the primary downside risk to the outlook. Persistent or renewed outbreaks and a return to stringent containmen
3、t could possibly derail the recovery and trigger fi nancial turmoil. Recoverydepends on measures to address the health crisis and on continued policy support. The pandemic has highlighted the importance of wellness, both physical and mental. Wellnessthe pursuit of holistic health and well-beingis a
4、component of the UNs Sustainable Development Goals. This report evaluates the state of wellness in Asia, documents how the wellness economy is a large and growing part of the regions economy, and discusses how policymakers can promote wellness by creating healthy living environments, encouraging phy
5、sical activity and healthy diets, and enhancing workplace wellness. About the Asian Development Bank ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacifi c, whilesustaining its eff orts to eradicate extreme poverty. Established in 1966, it is owned by
6、 68 members 49 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. ISBN 978-92-9262-155-1 ASIAN DEVELOPMENT BANK 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines w