TY - JOUR AB - Purpose– The purpose of this paper is to examine the impact of foreign aid on poverty. Poverty reduction has lately become an issue of great interest after the adoption of the United Nations Millennium Development Goals in which the international community has set the goal to halve poverty by 2015.Design/methodology/approach– This paper uses pooled time‐series and cross sectional data from 49 developing countries.Findings– The paper finds that foreign aid is effective in reducing poverty. This contradicts previous literature.Originality/value– The paper introduces foreign aid as another determinant of poverty in a regression model and suggests that growth‐promoting and policies intended to reduce inequality are also effective in reducing poverty. VL - 29 IS - 5/6 SN - 0144-333X DO - 10.1108/01443330910965796 UR - https://doi.org/10.1108/01443330910965796 AU - Bahmani‐Oskooee Mohsen AU - Oyolola Maharouf PY - 2009 Y1 - 2009/01/01 TI - Poverty reduction and aid: cross‐country evidence T2 - International Journal of Sociology and Social Policy PB - Emerald Group Publishing Limited SP - 264 EP - 273 Y2 - 2024/04/23 ER -