Social impact bonds require critical reflection
Far from being a successful financial instrument social impact bonds are mired in a flawed ideology
28 May 2020 - 05:05
A document now circulating proposes that the government should raise ring-fenced financing and use it to pay for the Covid-19 fiscal response measures.
The specific form of ring-fenced financing proposed is the issuance of social impact bonds (SIBs), to enable SA to tap into (global) liquidity pools, which comprise those investors who seek more than just financial returns...
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