2021
DOI: 10.1007/978-3-030-65133-6_3
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Fighting Poverty and Inequalities Through Social Impact Bonds: Learning from Case Studies to Support the Covid-19 Response

Abstract: In recent years, social impact bonds (SIBs) have been high on the agenda of researchers, practitioners and policymakers active in the sustainable finance sector. SIBs are a form of pay by results (PbR) model but "extend this by harnessing social investment from capital markets " (Edmiston and Nicholls 2018: 57). Compared to a PbR scheme, SIBs have many

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Cited by 3 publications
(1 citation statement)
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“…However, from a broader perspective, both PbRs and SIBs were conceived as mechanisms for improving efficiency, accountability, and social innovation in service provisions (Albertson et al, 2018). Though, SIBs encourage the implementation of new and innovative welfare in several social areas by going beyond the traditional limitations of PbRs schemes and by channeling private capital into more effective social interventions (Edmiston & Nicholls, 2018; Trotta et al, 2021).…”
Section: Cluster Analysismentioning
confidence: 99%
“…However, from a broader perspective, both PbRs and SIBs were conceived as mechanisms for improving efficiency, accountability, and social innovation in service provisions (Albertson et al, 2018). Though, SIBs encourage the implementation of new and innovative welfare in several social areas by going beyond the traditional limitations of PbRs schemes and by channeling private capital into more effective social interventions (Edmiston & Nicholls, 2018; Trotta et al, 2021).…”
Section: Cluster Analysismentioning
confidence: 99%