Feature

Viewpoint: Bill and Melinda Gates

From The Wall Street Journal: “[It’s a myth that] poor countries are doomed to stay poor....

“[It’s a myth that] poor countries are doomed to stay poor. Incomes and other measures of human welfare are rising almost everywhere—including Africa. A new class of middle-income nations that barely existed 50 years ago now includes more than half the world’s population. Here’s our prediction: By 2035, there will be almost no poor countries left in the world. Yes, a few unhappy countries will be held back by war, political realities (such as North Korea), or geography (such as landlocked states in central Africa). But every country in South America, Asia, and Central America (except perhaps Haiti) and most in coastal Africa will have become middle-income nations. More than 70 percent of countries will have a higher per-person income than China does today.”

Bill and Melinda Gates in The Wall Street Journal

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