Local News

Gates predicts almost no poor countries in world by 2035

SEATTLE — Billionaire and former tech mogul Bill Gates predicts that there will be almost no poor countries left in the world by 2035.

gates2Almost all nations will be either lower-middle income or wealthier, and most will have surpassed the 35 countries that are currently defined by the World Bank as low-income, Gates says in his annual letter for the Bill & Melinda Gates Foundation.

In the letter, Gates and his wife try to dispel what they say are myths about global poverty that hinder development: Poor countries are destined to stay that way, foreign aid is not helpful and saving lives leads to overpopulation.

The first myth, about poverty-stricken countries staying down, has been negated by the jumps in income of countries around the world, the letter says. Gates points out that since 1960, China’s real income per person has gone up eightfold, India’s has quadrupled, and Brazil’s has almost quintupled.

“In the next two decades, desperately poor countries will become the exception rather than the rule,” Gates wrote. “Billions of people will have been lifted out of extreme poverty.”

The billionaire also says that critics of foreign aid tend to cite examples about waste and ignore the overall good that such aid has delivered to people in need through goods and services.

As for the Mathusian notion that saving lives ultimately will lead to overpopulation, Melinda Gates writes that countries with high child-mortality rates — such as Afghanistan — actually have high birth rates as well. Families in nations where children tend to survive to adulthood usually decide to have fewer kids, she said.

– By Shan Li/Los Angeles Times

VIEW & ADD COMMENTS

4 Comments to “Gates predicts almost no poor countries in world by 2035”

    JOE said:
    January 21, 2014 at 2:13 PM

    Also when Iran gets some nuclear weapons they will thin the World's population out in developed nations like America.

    Madam said:
    January 21, 2014 at 2:45 PM

    YEAHHHHHHH RIGHT! famine and disease will hit first. Maybe the wealthy will buy land in these countries. But dont expect the citizens to all be driving hondas anytime soon. He left microsoft with Balmer… I dont trust his insights anymore.

    esco said:
    January 21, 2014 at 5:02 PM

    After 'The Great Culling' I'm sure he'll be right.

    My View said:
    January 21, 2014 at 9:01 PM

    If they're all poor, then poor won't be poor no more.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Advertisement

Advertisement