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Let’s Create the Third Wave of Poverty Reduction
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Let’s Create the Third Wave of Poverty Reduction

Bill Gates
Gates Notes, 2018
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Editorial Rating

8

Qualities

  • Analytical
  • Overview
  • Concrete Examples

Recommendation

The mission to reduce extreme poverty has been largely successful. Two “great waves” – one in China and one in India – lifted some 1.2 billion people out of harsh living conditions. Using available data, Bill Gates pinpoints where poverty will be most severe in 2050 and what needs to happen to create the third great wave to end it. His presentation will help humanitarian workers and NGOs identify where aid is most urgently needed and will have most impact. 

Take-Aways

  • For families living in extreme poverty, every day is a fight for survival.
  • Lifting families out of extreme poverty helps individuals, but it also builds a middle class, thus helping countries develop into emerging economies.
  • Two “great waves” – the first in China, the second in India – have dramatically reduced the absolute number of people living in extreme poverty.

About the Speaker

Bill Gates is a co-founder of Microsoft and of the Bill & Melinda Gates Foundation. Gates Notes is his personal blog.

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