Melinda Gates on Why Foreign Aid Still Matters

The cover of the May 2000 issue of The Economist featured an Africa-shaped photo cutout with a young, armed man popping out of it. “The Hopeless Continent,” the magazine deemed it, asking, “Does Africa have some inherent character flaw that keeps it backward and incapable of development?”

Today, few would write off Africa—or developing nations on any continent—as hopeless. Instead, the health of the developing world has been very much a story of hope. Since 2000, new malaria...

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