Abstract

The term “development” is used in so many different ways, in so many various spheres of life that there is no common approach to what “development” actually is. At the moment we are facing the urgent need to re-conceptualize “development”, and the inevitable step here is to come back to the truly philosophical studies of this phenomenon. But the phenomenon of development is deeply interconnected with the phenomenon of governance. In this regard the problem of “governance of devel-opment” emerges. It has now become an independent and very important for humanity on all its levels. The basis of this problem is the urgent need to move towards mass and conscious cultural and historical creative activity. But the key to this problem lies within the modern philosophy of development. “Governance of development” or “development governance” implies that the very method of development is under discussion and is something that has to be constructed. The highly significant concepts for the modern study of development are “reflexivity” and “sustainability”. Both of them should be discussed in terms of philosophy of development that is also the key to the modern philosophy of governance.