A Clearinghouse for Outcome Funds
Richard Sedlmayr
No 9z34h, SocArXiv from Center for Open Science
Abstract:
Despite persistent and widespread enthusiasm, pay-for-success has been slow to materialize – especially in international development assistance. This concept note argues that the availability of credible outcome funding is the most important bottleneck to the development of the sector; hypothesizes that once credible outcome funding is made available, markets should be able to solve most other coordination challenges, including input financing; and proposes a testable solution: a ‘clearinghouse’ that settles outcome-based contracts between funders and the rest of the social sector.
Date: 2014-02-03
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:9z34h
DOI: 10.31219/osf.io/9z34h
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