How Considering Aspirations Can Shape Better Development Interventions and Policy
For the poor, the contradiction between gloomy prospects and daily concern for their future welfare can create a difficult conflict. Why plan for the future if you see no hope for improvement? The poor could reduce this psychological distress and increase their day-to-day happiness by closing their eyes on the future. Unfortunately, under these conditions people rarely develop strong aspirations to increase their assets or income, or to save money.