Payment by results and social impact bonds :: outcome-based payment systems in the UK and US /

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 the...

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Bibliographic Details
Main Authors: Albertson, Kevin, 1963- (Author), Fox, Chris (Author)
Format: Electronic eBook
Language:English
Published: Bristol, UK : Policy Press, 2018.
Series:Policy Press shorts. Research.
Subjects:
Online Access:DE-862
DE-863
Summary: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.
Physical Description:1 online resource
Bibliography:Includes bibliographical references.
ISBN:9781447340720
1447340728
9781447340744
1447340744
9781447340713
144734071X
9781447340737
1447340736

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