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Learning from Experience: A Guide to Social Impact Bond Investing
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Berlin, Gordon L. – MDRC, 2016
The social sector's hottest "impact investing" product--the social impact bond (SIB)--has generated a range of reactions, from excitement to angst. An SIB uses private funds to pay for a social, educational, or health program, and the government repays investors (plus a return) only if the program achieves prespecified results. The…
Descriptors: Investment, Bond Issues, Financial Support, Program Implementation