2016
DOI: 10.7249/rr1212
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The payment by results Social Impact Bond pilot at HMP Peterborough: Final process evaluation report

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Cited by 35 publications
(53 citation statements)
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“…Returns on investments are only paid to the extent that social entrepreneurs succeed in the goals set out up front-goals that result in savings for the governments. A prominent example deals with successfully reintegrating delinquents into the labor market and hence limiting the costs associated with reoffenses (Disley and Rubin 2014). While this type of finance appears to be promising, it is not without challenges and critiques (McHugh et al 2013).…”
Section: Public Policy For Social Entrepreneurshipmentioning
confidence: 99%
“…Returns on investments are only paid to the extent that social entrepreneurs succeed in the goals set out up front-goals that result in savings for the governments. A prominent example deals with successfully reintegrating delinquents into the labor market and hence limiting the costs associated with reoffenses (Disley and Rubin 2014). While this type of finance appears to be promising, it is not without challenges and critiques (McHugh et al 2013).…”
Section: Public Policy For Social Entrepreneurshipmentioning
confidence: 99%
“…The pilots (Ministry of Justice , ) are significant in as much as TR progressed without waiting for thorough evaluation and the interim results are definitely not indicative of a revolution, although some success was experienced (as is often the case with pilots; see Disley et al . ()). See http://www.russellwebster.com/did-peterborough-and-doncaster-reoffending-pilots-succeed/ (accessed 3 March 2014).…”
mentioning
confidence: 94%
“…Originally presented as a 'rehabilitation revolution' (see Clarke 2010; Ministry of Justice 2013a), the central logic of TR is a re-emphasis of the contestability recommendation in the Carter Report (Home Office 2003). One of the main areas of contention was the late coalition government's intention to have rehabilitative interventions audited and rewarded according to 'payment by results' (PbR) for reductions in offending through social impact bonds (SIBS) -see HMP pilots at Doncaster and Peterbrough 1 (Ministry of Justice 2014d, 2014e; Disley et al 2015). Inevitably, this move towards marketisation and privatisation has diminished the role of the public sector, increased the involvement of voluntary and not-for-profit organisations, and, most notably, extended the opportunities for commercial/business enterprises to become involved in 'offender management'.…”
Section: Introductionmentioning
confidence: 99%
“…In the same way, some equally dangerous behaviors have become frowned on, particularly speeding. Car makers that used to brag about their "zero to sixty" acceleration and high performance now tout their safety features instead, given that they are far higher on 7 Social impact bonds are already being used to fund projects; see Disley et al (2015).…”
Section: The Car As Toolmentioning
confidence: 99%