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Gustafsson-Wright, Emily; Boggild-Jones, Izzy – Center for Universal Education at The Brookings Institution, 2019
With a flourishing social enterprise ecosystem and an appetite among NGOs and policymakers for testing new solutions, India is playing a leading role in its use of innovative financing for development. One such innovative tool is an impact bond, which is a type of outcome-based financing structure where upfront capital is given to service…
Descriptors: Educational Finance, Outcomes of Education, Foreign Countries, Bond Issues