Rare optimism: By 2035 no nation will be poor says Gates

Most countries will have higher per-person income by 2035 than China does now, says one of the world’s richest men.


News Desk January 22, 2014 Less than a minute read

Bill Gates, one of the world’s richest men, said that by 2035 no nation will be as poor as any of the 35 that the World Bank now classifies as low-income, even adjusting for inflation. Most countries will have higher per-person income by 2035 than China does now, Gates said in the Bill & Melinda Gates Foundation’s annual letter published today. Refusing to He argued against what he called “three myths” that block progress for the poor: poor countries are doomed to stay poor; foreign aid is a big waste; and saving lives leads to over-population. “The facts are on the side of the optimists,” Gates, 58, said today in a Bloomberg Television interview today with Betty Liu.

Published in The Express Tribune, January 22nd, 2014.

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