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What are aspirations, why do they matter, and how are they formed? How can they be affected by development interventions, or by negative shocks—which the poor frequently face? And how are aspirations and trust in government linked? What can policymakers do to blunt the negative psychological effects of poverty and shocks, and to more broadly bolster aspirations and trust? In this PIM webinar on December 19, 2018 Dr. Katrina Kosec (IFPRI) shared recent novel findings with examples from case studies in Ethiopia, Tanzania, and Pakistan.