Pay for Success Is Quietly Undergoing a Radical Simplification

George M. Overholser

The ANNALS of the American Academy of Political and Social Science, 2018, vol. 678, issue 1, 103-110

Abstract: Recent changes to rules that dictate the permissible use of large social spending streams are ushering in a radical simplification of pay for success (PFS). These changes greatly reduce the amount of political effort required to secure PFS-enabled sources of spending for any given project; they make it easier to avoid the complexity of social impact bond financing arrangements; and they lead to PFS structures that work systemically across many providers at once, rather than with just one or two at a time.

Keywords: pay for success; social impact bond; randomized controlled trials; evidence-based policy (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0002716218769036 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:678:y:2018:i:1:p:103-110

DOI: 10.1177/0002716218769036

Access Statistics for this article

More articles in The ANNALS of the American Academy of Political and Social Science
Bibliographic data for series maintained by SAGE Publications ().