TAILIEUCHUNG - Social Impact Bonds - A promising new financing model to accelerate social innovation and improve government performance

In deciding the course for reform, however, the innovations and experiences of markets in the region are also important. Developing markets often mimic more advanced European and North American markets. But complex structures designed for diverse developed markets are sometimes ill-suited to less-developed economies. Instead, looking to neighboring, emerging markets at similar stages of development can be more useful. For example, India’s unique collateralized borrowing and lending obligations (CBLO) system and its successful electronic trading platform could usefully be studied by its neighbors, many of which suffer from limited repo markets or which have (like India) tried unsuccessfully to move. | Social Impact Bonds A promising new financing model to accelerate social innovation and improve government performance Jeffrey B. Liebman February 2011 Center for American Progress Social Impact Bonds A promising new financing model to accelerate social innovation and improve government performance Jeffrey B. Liebman February 2011 doing what works CAP S Doing What Works project promotes government reform to efficiently allocate scarce resources and achieve greater results for the American people. This project specifically has three key objectives Eliminating or redesigning misguided spending programs and tax expenditures focused on priority areas such as health care energy and education Boosting government productivity by streamlining management and strengthening operations in the areas of human resources information technology and procurement Building a foundation for smarter decision-making by enhancing transparency and performance measurement and evaluation This paper is one in a series of reports examining government accountability and efficiency. Contents 1 Introduction and summary 7 Existing barriers to social innovation 10 The social impact bond model 15 Key challenges 18 Criteria for success and their implications 26 Next steps 29 Conclusion 30 Endnotes 32 About the author and .

• Ngân hàng - Tín dụng
• pessimistic investors
• optimistic beliefs
• Applied Mathematics
• Effect
• Guess Function
• Continuation Method