Narratives of Promise, Narratives of Caution
A Review of the Literature on Social Impact Bonds
Dados Bibliográficos
Social Impact Bonds (SIBs) are a new mechanism for delivering public services. This article reviews the emerging SIB literature in high‐income settings. It identifies three distinct narratives: a public sector reform narrative; a financial sector reform narrative; and a cautionary narrative. These are analyzed relative to three themes: public versus private values; outcomes contracting; and risk allocation. The first two narratives are complementary and offer a ‘win‐win’ portrayal of SIBs. The third narrative challenges this dominant commentary by highlighting potential risks. There is limited empirical evidence on active SIBs to support these narratives. SIBs may have the potential to align public and private interests while improving outcomes for people affected by entrenched social problems, but this is yet to be established and appears less probable than the third more cautionary narrative. More empirical research is needed to consider the potential risks, drawbacks, benefits and alternatives of SIBs in different settings
Bond · Economics · Empirical evidence · Empirical research · Epistemology · Literature · Narrative · Narrative inquiry · Political science · Public relations · Sociology · Community Development and Social Impact · Finance · Microfinance and Financial Inclusion · Public-Private Partnership Projects
Tackling the Big Questions in Social Impact Bond Research through Comparative Approaches
Social Entrepreneurship Education at Croatian Universities
Policy mobilities in federal systems
The razor’s edge
Ethical capitalism” in the city
Taloustieteen performatiivisuudesta moniperformatiivisuuteen
Paradoxes of Social Impact Bonds
The Promise and Challenge of Social Innovation and Social Enterprise
The promise and performance of social impact bonds
New public management marketizers versus Neo-Weberian state modernizers? Institutional configurations of social impact bond utilization among 18 OECD countries
Contractual acrobatics
Resilience in public service partnerships
Productive resistance in public sector innovation – introducing social impact bonds in Swedish local government
Collaborative governance in Social Impact Bonds
Implementation Drivers of Pay-for-Success Projects
Títulos de impacto social como política pública
Social impact bonds as public policy
Conceptualizing new forms of volunteering in urban governance
Grasping the nettle
Policy, fast and slow
Social impact bonds in the UK homeless sector
A Comparative Analysis of Social Impact Bond and Conventional Financing Approaches to Health Service Commissioning in England
A Policy Outcomes Comparison
The National Governance and Policy Context of Social Impact Bond Emergence
The Welfare Conventions Approach
The frontier of social impact finance in the public sector
New philanthropy, social impact and social work
Why is impact measurement abandoned in practice? Evidence use in evaluation and contracting for five European Social Impact Bonds
Principles and methods to advance value for money
The Governance of Social Risks
Epistemic gerrymandering
Paying for infrastructure in the post-recession era
Betting on children at risk
Surveying the SIB economy
Public–private partnerships, social impact bonds, and the erosion of the state in Canada
Outcomes-based contracts and the hidden turn to public value management
Mobilizing capital for responsible innovation
Towards a Theoretical Framework for Social Impact Bonds
Social impact bond- ing ? Evidence on interorganizational relationships in social impact bonds across the United Kingdom
Climate and health
At a cost
Katz et al. Respond
Social Impact Bonds und der Disput um die Wohlfahrt
Valuing a new “good”
Investing in crime prevention after the crisis
Pay‐for‐Success Development in the United States
Are Social Impact Bonds an Innovation in Finance or Do They Help Finance Social Innovation
Social Impact Bonds
Policy Boostering the Social Impact Investment Market in the UK
Derivative character investments
Social Impact Bond assetization struggles
Promoting public sector innovation
Environmental impact bonds as a transformative policy innovation
Let's Not Have the Perfect Be the Enemy of the Good
The broken promises of the social investment market
Finance interrupted
The Audit Society
The New Public Management in Action
Private finance for public goods
Blunders of Our Governments
Social Policy Review 18Analysis and debate in social policy, 2006
Teacher performance pay
A Future for Probation
Social Impact Bonds
Outcomes, Not Process
Social impact bonds
Payment by results and social impact bonds in the criminal justice sector
How can systematic reviews incorporate qualitative research? A critical perspective
Evidence-Based Policy
The Financialization of Urban Policy in the Age of Obama
Public Values
Management by Measurement? Public Management Practices Amidst Ambiguity
What’s Valued Most? Similarities and Differences Between the Organizational Values of the Public and Private Sector
Evaluating social impact bonds
Impact Investing
New Public Management Is Dead--Long Live Digital-Era Governance
A Public Management for All Seasons
Harnessing the Social
| Obras citantes distintas | 56 |
|---|---|
| Citações por ano | 7 |
| Intervalo de citações | 2018 - 2026 (9) |
| Velocidade de citação | current |
| Altamente citado | Não |
| Tipos de citação | Neutras: 49 |