By 2035 There Will Be No Poor Countries
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The term “developing countries,” as the name states, are areas that still need to build their infrastructure in order to compete with larger economies of scale. Gates is convinced that by 2035 there will no longer be any “poor” countries. In his 2014 letter, he wrote, “aid is a fantastic investment, and we should be doing more. It saves and improves lives very effectively, laying the groundwork for […] long-term economic progress.” Globalization and international cooperation have already proven to be a beacon of hope for many countries who have massively scaled their economies. India is the perfect example of a country that has worked diligently to enter the 21st century with a focus on technology and growth.