Payment by Results and Social Impact Bonds

Outcome-based payment systems in the UK and US

Nonfiction, Social & Cultural Studies, Political Science, Politics, Social Services & Welfare, Social Science
Cover of the book Payment by Results and Social Impact Bonds by Albertson, Kevin, Fox, Chris, Policy Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Albertson, Kevin, Fox, Chris ISBN: 9781447340720
Publisher: Policy Press Publication: February 28, 2018
Imprint: Policy Press Language: English
Author: Albertson, Kevin, Fox, Chris
ISBN: 9781447340720
Publisher: Policy Press
Publication: February 28, 2018
Imprint: Policy Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Policy Press

Cover of the book The Italian welfare state in a European perspective by Albertson, Kevin, Fox, Chris
Cover of the book Multidisciplinary public health by Albertson, Kevin, Fox, Chris
Cover of the book A new health and care system by Albertson, Kevin, Fox, Chris
Cover of the book Social work in the community by Albertson, Kevin, Fox, Chris
Cover of the book Networks, new governance and education by Albertson, Kevin, Fox, Chris
Cover of the book Australian public policy by Albertson, Kevin, Fox, Chris
Cover of the book Young Muslims, Pedagogy and Islam by Albertson, Kevin, Fox, Chris
Cover of the book The short guide to urban policy by Albertson, Kevin, Fox, Chris
Cover of the book Young, Muslim and criminal by Albertson, Kevin, Fox, Chris
Cover of the book Studying public policy by Albertson, Kevin, Fox, Chris
Cover of the book Diversity in family life by Albertson, Kevin, Fox, Chris
Cover of the book Experiences in researching conflict and violence by Albertson, Kevin, Fox, Chris
Cover of the book Why we can't afford the rich by Albertson, Kevin, Fox, Chris
Cover of the book Community action and planning by Albertson, Kevin, Fox, Chris
Cover of the book Revisiting the 'Ideal Victim' by Albertson, Kevin, Fox, Chris
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy