From the figure below,please provide an explanation for the large decline in the growth rate of international reserves held by developing countries in the 2008-2009 period. 
Definitions:
Insolvent
A financial state in which an entity is unable to pay its debts as they come due.
Claims
Demands for something due or believed to be due, often used in the context of insurance or legal cases.
Mirror Image Rule
In contract law, the rule that an acceptance must duplicate the terms in the offer.
Additional Terms
Refers to supplementary conditions or clauses added to an agreement or contract.
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