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Aspirations, Poverty, and Economic Change
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.
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Strategic information transmission
Crawford, V. P., & Sobel, J. (1982) · Econometrica · doi:10.2307/1913390 · Cited by 4,293
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Metadata
- Authors
- Ray, D.
- Venue
- Understanding Poverty
- Publisher
- Oxford University PressNew York
- Published
- 2006-05-01
- Pages
- 409-422
- OpenAlex
- W22746450
- Cited by
- 538
- References
- 1
- FWCI
- 40.01
- Type
- book chapter
- Language
- en
- Open access
- closed
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