The authors explain why social impact bonds (SIBs) are an excellent—and probably the only— example of the finance–social services–co-production link. They show how SIBs can provide a functional linking mechanism in social service systems. Furthermore, they can help boost the innovation and sustainability of this system. The co-production concept is related to practice by studying two prison SIBs (HMP Peterborough in the UK and Rikers Island in the USA). They explain why co-production is relevant and how it works in SIBs.

The missing link? Finance, public services, and co-production: The case of SIBs"

Broccardo E.;Mazzuca M.
2019

Abstract

The authors explain why social impact bonds (SIBs) are an excellent—and probably the only— example of the finance–social services–co-production link. They show how SIBs can provide a functional linking mechanism in social service systems. Furthermore, they can help boost the innovation and sustainability of this system. The co-production concept is related to practice by studying two prison SIBs (HMP Peterborough in the UK and Rikers Island in the USA). They explain why co-production is relevant and how it works in SIBs.
Co-production; public finance; public services; social impact bonds (SIBs); social impact finance
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/20.500.11770/290677
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