Payment by Results and Social Impact Bonds: Outcome-Based Payment Systems in the UK and US

Albertson, Kevin; Fox, Chris; O'Leary, Chris; Painter, Gary

ISBN 10: 1447340701 / ISBN 13: 9781447340706

Edité par Policy Press, 2018

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N° de réf. du vendeur 26384032119

Détails bibliographiques

• Titre: Payment by Results and Social Impact Bonds: Outcome-Based Payment Systems in the UK and US
• Éditeur: Policy Press
• Date de parution: 2018
• Langue: anglais
• ISBN à 10 chiffres: 1447340701
• ISBN à 13 chiffres: 9781447340706
• Reliure: Couverture rigide
• État de l'article: New

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Synopsis

As public services budgets are cut, the `Payment by Results' (or Pay for Success) model has become a popular choice in public sector commissioning. Social Impact Bonds are a variant of Payment by Results also promoted by proponents of social (or impact) investing. But how effective are these approaches? This short book asks whether the Payment by Results model is an efficient way to unlock new capital investment, help new providers to enter the `market' and foster innovation, or whether the extension of `neoliberal' thinking, complexity and the effects of managerialism undermine the effective delivery of social outcomes. Synthesising lessons from the UK and US for the first time, the book draws on published work in both countries together with insights from the authors' own research and consultancy experience to offer a balanced and bipartisan overview of a field where the evidence has been weak and there are strong ideological agendas in play.

À propos de l?auteur

Kevin Albertson is a reader in economics at Manchester Metropolitan University. Chris Fox is the director of the Policy Evaluation and Research Unit at Manchester Metropolitan University. Jung Hyung Choi is a postdoctoral researcher at the Center for Social Innovation at the USC Price School of Public Policy. Jessica LaBarbera is vice president for strategic innovation at the Nonprofit Finance Fund. Chris O'Leary is a senior lecturer at Manchester Metropolitan University. Gary Painter is the director of social policy at the University of Southern California.