SEATTLE, Jan. 21, 2014 /PRNewswire-USNewswire/ -- Today, Bill and Melinda will share their co-authored 2014 Annual Letter. This year's letter, "Three Myths that Block Progress for the Poor," addresses three misconceptions about the global effort to end extreme poverty: Poor countries are doomed to stay poor, foreign aid is a big waste, and saving lives leads to overpopulation.
In fact, life is better for more people around the world than it has ever been. People are living longer, healthier lives and poverty rates have been cut in half in the last 25 years. Child mortality is plunging. Many nations that were aid recipients are now self-sufficient. Bill and Melinda want to tackle these myths because too often they give people a reason not to act.
SOURCE Bill & Melinda Gates Foundation