The flawed logic of cashable savings risks undermining Social Impact Bonds

via pioneerspost.com

“Cashable savings” to government were part of the economic logic of social impact bonds. The cashable savings rationale also suggests the primary value of SIBs is to help governments save money. This is debatable. The main benefit of paying for outcomes without specifying activities is that this helps to drive innovation. This innovation, in turn, should help achieve better outcomes than today.

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One thought on “The flawed logic of cashable savings risks undermining Social Impact Bonds

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