Social service, private gain : the political economy of social impact bonds / Jesse Hajer and John Loxley.
"The 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. S...
Main Authors: | |
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Language: | English |
Published: |
Toronto ; Buffalo ; London :
University of Toronto Press,
[2021]
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Subjects: | |
Physical Description: | xvi, 408 pages : illustrations ; 24 cm Issued also in electronic formats. |
Format: | Book |
MARC
LEADER | 00000cam a2200000 i 4500 | ||
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001 | in00006481815 | ||
003 | OCoLC | ||
005 | 20220616141928.0 | ||
008 | 201120s2021 onca b 001 0 eng | ||
015 | |a 2021014565X |2 can | ||
019 | |a 1223013210 | ||
020 | |a 1487526911 |q paperback | ||
020 | |a 9781487526917 |q paperback | ||
020 | |a 1487503288 |q hardcover | ||
020 | |a 9781487503284 |q hardcover | ||
035 | |a (OCoLC)1223015188 |z (OCoLC)1223013210 | ||
040 | |a NLC |b eng |e rda |c YDX |d BDX |d NLC |d OCLCA |d OCLCF |d VTU |d YDX |d UtOrBLW | ||
042 | |a lac | ||
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050 | 4 | |a HG4515.13 |b .H35 2021 | |
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100 | 1 | |a Hajer, Jesse, |d 1980- |e author. |0 http://id.loc.gov/authorities/names/no2021020005 | |
245 | 1 | 0 | |a Social service, private gain : |b the political economy of social impact bonds / |c Jesse Hajer and John Loxley. |
264 | 1 | |a Toronto ; |a Buffalo ; |a London : |b University of Toronto Press, |c [2021] | |
300 | |a xvi, 408 pages : |b illustrations ; |c 24 cm | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a unmediated |b n |2 rdamedia | ||
338 | |a volume |b nc |2 rdacarrier | ||
504 | |a Includes bibliographical references and index. | ||
520 | |a "The 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. Social Service, Private Gain examines the evolution of SIBs, how they work, what their theoretical motivation is, and their proliferation globally in their short period of existence. The main intervention of the book is to critically assess the potential of SIBs to constructively contribute to solving the multi-faceted 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 transactions costs. Drawing on mainstream and unconventional 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 SIBs projects. Challenging the assumptions and narratives put forward by proponents of the model, they offer practical policy recommendations for SIBs along with what the model tells us about the potential for transformational change for the better."-- |c Provided by publisher. | ||
530 | |a Issued also in electronic formats. | ||
650 | 0 | |a Bonds. |0 http://id.loc.gov/authorities/subjects/sh85015509 | |
650 | 0 | |a Investments |x Social aspects. | |
650 | 0 | |a Social service |x Finance. |0 http://id.loc.gov/authorities/subjects/sh85124053 | |
650 | 0 | |a Finance |x Social aspects. | |
650 | 0 | |a Public-private sector cooperation. |0 http://id.loc.gov/authorities/subjects/sh96011049 | |
650 | 0 | |a Public interest. |0 http://id.loc.gov/authorities/subjects/sh85108689 | |
650 | 7 | |a Bonds. |2 fast |0 (OCoLC)fst00835887 | |
650 | 7 | |a Investments |x Social aspects. |2 fast |0 (OCoLC)fst00978291 | |
650 | 7 | |a Public interest. |2 fast |0 (OCoLC)fst01082535 | |
650 | 7 | |a Public-private sector cooperation. |2 fast |0 (OCoLC)fst01083445 | |
650 | 7 | |a Social service |x Finance. |2 fast |0 (OCoLC)fst01123230 | |
700 | 1 | |a Loxley, John, |e author. |0 http://id.loc.gov/authorities/names/n85266987 | |
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952 | f | f | |p Can Circulate |a Michigan State University-Library of Michigan |b Michigan State University |c MSU Gast Business Library |d MSU Gast Business Library |t 0 |e HG4515.13 .H35 2021 |h Library of Congress classification |i Printed Material |m 31293007368073 |n 1 |