Aspirations, poverty, and economic change

Debraj Ray

doi:10.1093/0195305191.003.0028

Aspirations, poverty, and economic change

Debraj Ray

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

This essay discusses a particular aspect of poverty: its close and brutal association with a failure of aspirations. This is not an assertion about individuals who are poor; it is a statement about the condition of poverty itself. Poverty stifles dreams, or at least the process of attaining dreams. Thus, poverty and the failure of aspirations may be reciprocally linked in a self-sustaining trap. This essay seeks to draw out various aspects of this theme and, in the process, to introduce and discuss an aspirations-based view of individual behavior.

Original language	English (US)
Title of host publication	Understanding Poverty
Publisher	Oxford University Press
ISBN (Print)	9780195305197
DOIs	https://doi.org/10.1093/0195305191.003.0028
State	Published - Sep 6 2006

Keywords

Aspirations failure
Aspirations window
Collective action
Individual behavior
Poor
Social polarization

ASJC Scopus subject areas

Economics, Econometrics and Finance(all)

Access to Document

10.1093/0195305191.003.0028

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AB - This essay discusses a particular aspect of poverty: its close and brutal association with a failure of aspirations. This is not an assertion about individuals who are poor; it is a statement about the condition of poverty itself. Poverty stifles dreams, or at least the process of attaining dreams. Thus, poverty and the failure of aspirations may be reciprocally linked in a self-sustaining trap. This essay seeks to draw out various aspects of this theme and, in the process, to introduce and discuss an aspirations-based view of individual behavior.

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KW - Poor

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ER -

Aspirations, poverty, and economic change

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

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