Social Impact Bonds: A Promising New Financing Model

This report analyzes social impact bonds, a promising new approach to the government financing of social service programs or social “interventions.” By combining performance-based payments and market discipline, the approach has the potential to improve results, overcome barriers to social innovation, and encourage investment in cost-saving preventive services.

Website:

Pages:

36

Publisher:

Centre for American Progress

Author:

Jeffrey B. Liebman

Date:

February 1, 2011

Media Type:

Report

Category:

Social Impact Bonds