| Summary: | The widely accepted principles of governance: Participation, Fairness, Decency, Accountability, Transparency and Efficiency are shared also by the development assistance sector.Problems of effectiveness and efficiency occupy a prominent
position in the global debates on development assistance. The critics of development assistance argue, that developmental aid is not only a hugely inefficient endeavor, but also may hinder the real socio-economic development of developing states. The development assistance community accepts some of that critique, pointing out on various factors limiting the effectiveness and efficiency of aid. Not surprisingly, the issue of good governance stand out as an important cause influencing the outcome of different development assistance projects and programs.In case of development assistance, good governance relates to both donor and recipient sides of the process.The ongoing debate brings a number of inputs to both, theory and practice of development and developmental assistance.This article sums up the main findings and controversies of the discourse on deficits of effectiveness and efficiency of development aid.
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