The article presents a systemic analysis of the main theoretical approaches to assessing the effects of
international development assistance. The author gives an overview of the research in the field of international
development cooperation within the context of the developing countries’ role in world economy
and the evolution of donors’ policy approach to international development assistance and cooperation.
In conclusion the author argues that international development assistance is a temporary measure and
its effectiveness depends on factors, in particular those measures, which are undertaken by national
government of developing countries.