Asian Development Review: Volume 35, Number 2

Publication | September 2018

This edition brings together scholars who highlight the need for concrete and rapid actions to adapt to climate change.

The latest Asian Development Review has a special issue on the climate change challenge to Asia’s development. Climate change may reverse the region’s economic development achievements since the second half of the 20th century and improvements in living standards. Eight articles in this issue highlight the need for concrete and rapid actions to adapt to climate change.

About the Asian Development Review

The Asian Development Review (ADR) is a professional journal for disseminating the results of economic development research relevant to Asia and the Pacific. ADR is published twice a year, in March and September, by MIT Press. The ADR is a journal of the Asian Development Bank and the Asian Development Bank Institute.


  • Temperature Variability and Mortality: Evidence from 16 Asian Countries - Olivier Deschenes
    • This paper presents an empirical analysis devised to understand the complex relationship between extreme temperatures and mortality in 16 Asian countries where more than 50% of the world’s population resides.
  • Does Climate Change Bolster the Case for Fishery Reform in Asia? - Christopher Costello
    • This paper examines the estimated economic, ecological, and food security effects of future fishery management reform in Asia. Without climate change, most Asian fisheries stand to gain substantially from reforms.
  • An Economic Evaluation of the Health Effects of Reducing Fine Particulate Pollution in Chinese Cities - Yana Jin and Shiqiu Zhang
    • This paper estimates the total cost of PM2.5 mortality, the benefit of its reduction achieved through meeting various air quality targets, and the benefit of mortality reduction achieved through a uniform 10 micrograms per cubic meter decrease in PM2.5 concentration in the urban areas of 300 major cities in the People's Republic of China.
  • Indonesia’s Moratorium on Palm Oil Expansion from Natural Forests: Economy-Wide Impacts and the Role of International Transfers - Arief A. Yusuf, Elizabeth L. Roos, and Jonathan M. Horridge
    • This paper assesses several scenarios of the moratorium on the conversion of natural forests to land used for palm oil production and discusses its impacts on the domestic economy as well as on regional economies within Indonesia.
  • Regional Crop Diversity and Weather Shocks in India - Maximilian Auffhammer and Tamma A. Carleton
    • Building on a basic empirical model from the climate impacts literature, this paper shows that areas with higher crop diversity of planted area display measurably more drought resilience, both in terms of gross and net revenues.
  • Carbon Trading Scheme in the People’s Republic of China: Evaluating the Performance of Seven Pilot Projects - Xing Chen and Jintao Xu
    • This paper provides a policy overview of the seven emissions trading scheme (ETS) pilot projects, including policy design, legislative basis, and market performance; and evaluates the carbon mitigation effect of each of the seven ETS pilots using the synthetic control method.
  • Regional Cooperation on Carbon Markets in East Asia - Jiajia Li and Junjie Zhang
    • This paper reviews key carbon market design elements in the People's Republic of China, Japan, and the Republic of Korea in terms of emission allowances, covered sectors, allowance allocations, monitoring, reporting and verification, compliance and penalties, and offset markets.
  • Fossil Fuel Subsidy Reform in the Developing World: Who Wins, Who Loses, and Why? - Ian Coxhead and Corbett Grainger
    • This paper develops an analytical model of a small open economy with a preexisting fossil fuel subsidy and identifies direct and indirect impacts of subsidy reform on real household incomes.

Additional Details

  • Agriculture and natural resources
  • Climate change
  • Economics
  • Environment
  • Energy
  • Health
  • China, People's Republic of
  • India
  • Indonesia
  • Japan
  • Korea, Republic of
  • Viet Nam
  • 212
  • 6.5 x 10
  • JRN189509-2
  • 0116-1105 (print)
  • 1996-7241 (electronic)

Subscribe to our monthly digest of latest ADB publications.

Follow ADB Publications on social media.