Given a poverty line, a person who is non-poor (poor) currently may not be treated as non-poor (poor) in a vulnerable situation. The poverty line is adjusted in the presence of vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical. Using an additive model of vulnerability, it is shown that if the utility function obeys constant Arrow-Pratt absolute risk aversion, then the harmonized poverty line is a simple absolute augmentation of the current poverty line.
Asia-Pacific: Studies & Presentations
The Pacific Possible: Climate change and Disaster Resilience report highlights the costs of making Pacific coastlines more resilient to climate change, which vary between one and thirteen percent of GDP across all Pacific Island countries, with higher costs in atoll island states such as Kiribati and Marshall Islands.
The sixth Global Environment Outlook (GEO-6) Regional Assessment for Asia and the Pacific paints a comprehensive picture of the environmental factors contributing to human health and well-being at the regional level. Backed by a large body of recent, credible scientific evidence, regional-wide consultations and a robust intergovernmental process, the assessment demonstrates economic growth and improved access to basic services in the region. It also highlights the complexity of the interlinked environmental, social and economic challenges now confronting decision makers.
This report summarizes outcomes of collaboration between ADB and implementing agencies of Bhutan, Lao People’s Democratic Republic, the Philippines, and Viet Nam to address gaps in the production of agricultural and rural statistics.
The results of the study indicate that climate change will likely have significant negative impacts on agricultural output in Fiji, Papua New Guinea, and Solomon Islands. Even relatively positive projections suggest that the fishery sector of the three study countries cannot be relied upon to counterbalance the food security challenges brought about losses in agricultural output.