Description |
1 online resource |
Series |
Policy Press shorts research |
|
Policy Press shorts. Research.
|
Contents |
Intro; PAYMENT BY RESULTS AND SOCIAL IMPACT BONDS; Contents; Abbreviations; Notes on the authors; Acknowledgements; 1. Introduction: outcome-based payment and the reform of public services; Outcomes-based commissioning; The distinction between Payment by Results/Pay for Success and Social Impact Bonds/Pay for Success financing; Origins and scale; Some key questions raised by outcome-based commissioning; About this book; 2. Outcome-based commissioning: theoretical underpinnings; Introduction; Theories and objectives; Theoretical concerns; Conclusion |
|
3. Payment by Results and Social Impact Bonds in the UKIntroduction; Policy on outcomes-based commissioning; Payment by Results: extent and trends; Social Impact Bonds: extent and trends; Results to date; Conclusion; 4. Pay for Success and Social Impact Bonds in the US; Introduction; Extent and trends; Infrastructure; Evaluation approaches; Financial models; Conclusion; 5. Review of the evidence for outcome-based payment systems; Introduction; Results from UK programmes; Results from US programmes; Conclusion; 6. Conclusions, cautions and future directions; Introduction |
|
The evidence to date on outcome-based commissioningWhere next for outcome-based commissioning?; In summary; References; Index |
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 |
Bibliography |
Includes bibliographical references |
Notes |
Online resource; title from digital title page (viewed on November 14, 2018) |
Subject |
Municipal services -- Contracting out -- Great Britain
|
|
Municipal services -- Contracting out -- United States
|
|
BUSINESS & ECONOMICS -- Infrastructure.
|
|
SOCIAL SCIENCE -- General.
|
|
Municipal services -- Contracting out
|
|
Contrats à impact social -- Grande-Bretagne.
|
|
Contrats à impact social -- États-Unis.
|
|
Services publics -- Gestion -- Grande-Bretagne.
|
|
Services publics -- Gestion -- États-Unis.
|
|
Administration publique -- Productivité.
|
|
United States
|
|
Great Britain
|
Genre/Form |
Bibliographies
|
Form |
Electronic book
|
Author |
Fox, Chris, author
|
ISBN |
9781447340720 |
|
1447340728 |
|
9781447340744 |
|
1447340744 |
|
9781447340713 |
|
144734071X |
|
9781447340737 |
|
1447340736 |
|