Mythbuster: How Does Foreign Aid Work ?

From the Annual Letter of Bill Gates

By almost any measure, the world is better than it has ever been. People are living longer, healthier lives. Many nations that were aid recipients are now self-sufficient. You might think that such striking progress would be widely celebrated, but in fact, Melinda and I are struck by how many people think the world is getting worse. The belief that the world can’t solve extreme poverty and disease isn’t just mistaken. It is harmful. That’s why in this year’s letter we take apart some of the myths that slow down the work. The next time you hear these myths, we hope you will do the same. 

– Bill Gates

DO READ THE COMPLETE ARTICLE HERE: 3 MYTHS THAT BLOCK PROGRESS OF THE POOR

If you are under the impression that the condition in developing countries is worsening; that foreign aid is a big waste, then the presentation below will surprise you!

#Myth 1: Poor Countries are doomed to stay poor

#Myth 2: Foreign Aid is a Big Waste

#Myth 3: Saving lives lead to Overpopulation

Pritam Thakur

Pritam Thakur

A 4th year Undergraduate student at IIT Kanpur; movie freak; Internet-addict, Quoraphile and a bigger Blogging addict.

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