{"product_id":"social-service-private-gain-the-political-economy-of-social-impact-bonds-paperback-softback-9781487526917","title":"Social Service, Private Gain; The Political Economy of Social Impact Bonds (Paperback \/ softback) 9781487526917","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eSocial Service, Private Gain\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eThe Political Economy of Social Impact Bonds\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJesse Hajer (Author), John Loxley (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781487526917\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 14 June 2021\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e424 pages, 10 figures\u003cbr\u003e22.6 x 15.2 x 2.4 cm, 0.55 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eThe 2008 financial crisis and its subsequent economic impacts generated a challenge for national and regional governments across the world. From this economic ruin, the Social Impact Bond (SIB) was born as an alternative mechanism for government procurement and delivery of social public services. \u003c\/p\u003e\n\u003ci\u003e \u003c\/i\u003e\u003cp\u003eSocial Service, Private Gain examines the evolution of SIBs, how they work, their theoretical motivation, and their global proliferation. The book critically assesses the potential of SIBs to constructively contribute to solving the multifaceted social challenges emerging from a context of entrenched and growing inequality. Claiming to bring incremental resources to the rescue, SIBs have taken up disproportionate space with new legislation, policy, subsidies, institutional supports, lobbyists, and \"intermediaries\" facilitating SIBs and thriving on their associated transaction costs. Drawing on mainstream and heterodox economic theory, practical case studies, and empirical data, Jesse Hajer and John Loxley generate new insights based on the limited but still suggestive publicly available data on SIB projects. Challenging the assumptions and narratives put forward by proponents of the model, they offer practical policy recommendations for SIBs and explain what the model tells us about the potential for transformational change for the better.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface \u003cbr\u003eAcknowledgements \u003cbr\u003eList of Tables \u003cbr\u003eList of Figures \u003c\/p\u003e \u003cp\u003eINTRODUCTION \u003c\/p\u003e \u003cp\u003ePart A: The Characteristics and Emergence of the Social Impact Bond Model \u003c\/p\u003e \u003cp\u003eChapter 1: The Structure of Social Impact Bonds \u003cbr\u003eIntroduction \u003cbr\u003eI. Defining SIBs \u003cbr\u003eII. Public versus Private Dimensions in Social Service Provision\u003cbr\u003eIII. Defining Features of SIBs \u003cbr\u003eIV. Conclusion \u003c\/p\u003e \u003cp\u003eChapter 2: The Short History of SIBs and the Development of the Enabling Field \u003cbr\u003eIntroduction \u003cbr\u003eI. The Scale of Impact Bonds by Sector \u003cbr\u003eII. The Distribution of SIBs by Country \u003cbr\u003eIII. SIBs Delivering results \u003cbr\u003eIV. Investor returns \u003cbr\u003eV. Conclusion \u003c\/p\u003e \u003cp\u003ePart B: Efficiency-Based Explanations of SIB Emergence \u003c\/p\u003e \u003cp\u003eChapter 3: The Rationale of SIBs \u003cbr\u003eIntroduction \u003cbr\u003eI. Claim 1: SIBs Allow More Social Programs to be Delivered \u003cbr\u003eII. Claim 2: Better programs: Higher quality and greater effectiveness \u003cbr\u003eIII. Claim 3: Better system: \u003cbr\u003eIV. Conclusion \u003c\/p\u003e \u003cp\u003eChapter 4: Social Impact Bonds as Public Private Partnerships\u003cbr\u003eIntroduction \u003cbr\u003eI. Review of the Public Private Partnership (PPP) Infrastructure Delivery Model\u003cbr\u003eII. SIBs as Public Private Partnerships\u003cbr\u003eIII. Economic Theory and Modeling of PPPs and SIBs\u003cbr\u003eIV. A Comparative Framework for Evaluating SIBs versus conventional procurement \u003cbr\u003eV. Conclusion\u003c\/p\u003e \u003cp\u003ePart C: The Political Economy of SIBS\u003c\/p\u003e \u003cp\u003eChapter 5: Private Institutional Participants in SIBs\u003cbr\u003eIntroduction \u003cbr\u003eI. The Institutional Participants in SIBs\u003cbr\u003eII. Service Providers: The Significance of the Non-Profit Form \u003cbr\u003eIII. Altruism, Intrinsic Motivation and Reciprocity \u003cbr\u003eIV. Implications for SIB Implementation and Design\u003cbr\u003eV. Conclusion\u003c\/p\u003e \u003cp\u003eChapter 6: Government\u003cbr\u003eIntroduction \u003cbr\u003eI. Motivations of Government\u003cbr\u003eII. Relative Cost Critique\u003cbr\u003eIII. Theories of the State\u003cbr\u003eIV. Implications for SIB Design and Regulation\u003cbr\u003eV. Conclusion\u003c\/p\u003e \u003cp\u003eChapter 7: The Political Economic Context of SIB Emergence\u003cbr\u003eIntroduction\u003cbr\u003eI. Defining neoliberalism\u003cbr\u003eII. Financialization\u003cbr\u003eIII. Comparative Analysis of SIB Leaders and Followers\u003cbr\u003eIV. Side note: The UK Versus the US\u003cbr\u003eV. Conclusion\u003c\/p\u003e \u003cp\u003eChapter 8: Development Impact Bonds\u003cbr\u003eIntroduction\u003cbr\u003eI. Expanding Enabling Fields \u003cbr\u003eII. Examples of DIBs \u003cbr\u003eIII. Other Observations on Existing DIBs \u003cbr\u003eIV. A Closer Look at the Claimed Rationale of Results-Based Aid and its Challenges \u003cbr\u003eV. Are DIBs the Future for Foreign Aid? \u003cbr\u003eVI. DIBs and the Need for Foreign Aid \u003c\/p\u003e \u003cp\u003eChapter 9: Policy Recommendations, Reforms and Alternatives \u003cbr\u003eIntroduction \u003cbr\u003eI. Recap of Policy Recommendations \u003cbr\u003eII. The Micro Alternative: Conventional delivery through (re)building state capacity \u003cbr\u003eIII. The Macro Alternative: Universalism vs. Individualized Approaches \u003cbr\u003eIV. Conclusion \u003c\/p\u003e \u003cp\u003eReferences \u003c\/p\u003e \u003cp\u003eAppendix A Review of Meta-analytical Studies on Common SIB Policy Sectors \u003cbr\u003eAppendix B: Sector Proportion of SIBs, by Country \u003cbr\u003eAppendix C: Reported and Estimated SIB Maximum and Expected Investor Returns \u003cbr\u003eAppendix D: Description of Value for Money Analysis in Applied Public Finance \u003cbr\u003eAppendix E: Social Investment and Entrepreneurship Concepts \u003cbr\u003eAppendix F: Development Impact Bonds\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003c\/font\u003e","brand":"University of Toronto Press","offers":[{"title":"Brand New","offer_id":52685372457240,"sku":"9781487526917","price":24.37,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/freshlyprintedbooks.co.uk\/products\/social-service-private-gain-the-political-economy-of-social-impact-bonds-paperback-softback-9781487526917","provider":"Freshly Printed Books","version":"1.0","type":"link"}