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Policies for Aspirations. And Opportunities

4 Jun 2024

Policy interventions that foster aspirations, such as those using role models, are increasingly being implemented so that students, women, microentrepreneurs, farmers, and poor individuals can achieve untapped opportunities. Several of these interventions have successfully enhanced educational achievements, labor market participation, and business activities. However, raising the aspirations of individuals when they do not have opportunities to realize them can generate frustration and make them worse off. This paper argues that effective policy interventions need to account for both aspirations and opportunities and proposes a framework to consider both elements. The paper highlights how addressing either element in isolation can lead to unfavorable outcomes, such as falling into an aspiration trap (when low aspirations prevent people from seizing available opportunities), experiencing frustration (when aspirations are enhanced without matching opportunities), or remaining in a poverty trap (when both aspirations and opportunities are low). The paper discusses various policy approaches to raising aspirations and opportunities in light of these scenarios and the challenges of aligning the two elements.
gender equality gender education poverty employment human capital aspirations cultural economics quality education sdg 1 sdg 5 education and inequality social protections and labor::employment and unemployment social protections and labor::social protections & assistance poverty reduction::poverty reduction strategies macroeconomics and economic growth::economic policy, institutions and governance poverty reduction::poverty and policy gender::gender and social policy sdg 4 no poverty sdg 8 decent work and economic growth education::educational policy and planning

Authors

Muller, Noël, Fruttero, Anna, Calvo-González, Óscar, de Hoop, Jacobus

Citation
“ Muller, Noël ; Fruttero, Anna ; Calvo-González, Óscar ; de Hoop, Jacobus . 2024 . Policies for Aspirations. And Opportunities . Policy Research Working Paper; 10790 . © Washington, DC: World Bank . http://hdl.handle.net/10986/41656 License: CC BY 3.0 IGO . ”
Collection(s)
Policy Research Working Papers
DOI
http://dx.doi.org/10.1596/1813-9450-10790
Identifier externaldocumentum
34333098
Identifier internaldocumentum
34333098
Published in
United States of America
RelationisPartofseries
Policy Research Working Paper; 10790
Report
WPS10790
Rights
CC BY 3.0 IGO
Rights Holder
World Bank
Rights URI
https://creativecommons.org/licenses/by/3.0/igo/
UNIT
EFI-LCR-POV-Poverty and Equity (ELCPV)
URI
https://hdl.handle.net/10986/41656
date disclosure
2024-06-04
region geographical
Caribbean , Latin America

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