Governments on both sides of the Atlantic are attracted to financing models that encourage social innovation, but challenges persist around when and how to apply these outcomes-based models, and how to right-size these investments, according to a new book.
The book, Payment by Results and Social Impact Bonds,published by Policy Press evaluates what’s known to date about the effectiveness of an approachto contracting that tiespayment for service delivery to the achievement of measurable outcomes. The approachincludesPayment byResultsand Social Impact Bondsin the UK, where it originated, and Pay for Success in the US.Regardless of differences in implementation between the UK and US, this approach offersaway for governments to scale up effective programs and interventions, as well as test innovative models of service delivery.
Presentazione del volume con gli autori Chris Fox e Gary Painter
A cura di Riccardo Prandini