Tackling the big questions in social impact bond research through comparative approaches

This special issue of theJournal of Comparative Policy Analysis brings together four cross-disciplinary articles representing the first concerted attempt to combine comparative approaches to extend theoretical and empirical understandings of Social Impact Bonds (SIBs). SIBs are investment-backed pay...

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Main Authors: FitzGerald, CJ, Fraser, A, Kimmitt, J
Format: Journal article
Language:English
Published: Taylor & Francis (Routledge) 2020
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author FitzGerald, CJ
Fraser, A
Kimmitt, J
author_facet FitzGerald, CJ
Fraser, A
Kimmitt, J
author_sort FitzGerald, CJ
collection OXFORD
description This special issue of theJournal of Comparative Policy Analysis brings together four cross-disciplinary articles representing the first concerted attempt to combine comparative approaches to extend theoretical and empirical understandings of Social Impact Bonds (SIBs). SIBs are investment-backed payment-by-results projects and have been subject to vigorous academic debate on their appropriateness and efficacy since the first SIB launched in 2010. This introduction to the special issue outlines the state of the academic literature on SIBs, identifying gaps and suggesting five big questions that do not yet have satisfactory answers: (1) What are the administrative or political problems to which SIBs respond? (2) Where and why do SIBs emerge in particular contexts? (3) What is the role of SIBs in the evidence-based policy movement? (4) Is delivering an intervention through a SIB more effective than other means and are associated costs justifiable? (5) Do SIBs catalyse wider organizational, system, or institutional changes? This introduction then summarizes the articles included in this special issue, discusses how they respond to these big questions, and suggests that further comparative research might best address remaining gaps in the literature.
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spelling oxford-uuid:cdca0c20-9724-4753-8cc9-e8e124f6b9af2022-03-27T07:31:13ZTackling the big questions in social impact bond research through comparative approachesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:cdca0c20-9724-4753-8cc9-e8e124f6b9afEnglishSymplectic ElementsTaylor & Francis (Routledge)2020FitzGerald, CJFraser, AKimmitt, JThis special issue of theJournal of Comparative Policy Analysis brings together four cross-disciplinary articles representing the first concerted attempt to combine comparative approaches to extend theoretical and empirical understandings of Social Impact Bonds (SIBs). SIBs are investment-backed payment-by-results projects and have been subject to vigorous academic debate on their appropriateness and efficacy since the first SIB launched in 2010. This introduction to the special issue outlines the state of the academic literature on SIBs, identifying gaps and suggesting five big questions that do not yet have satisfactory answers: (1) What are the administrative or political problems to which SIBs respond? (2) Where and why do SIBs emerge in particular contexts? (3) What is the role of SIBs in the evidence-based policy movement? (4) Is delivering an intervention through a SIB more effective than other means and are associated costs justifiable? (5) Do SIBs catalyse wider organizational, system, or institutional changes? This introduction then summarizes the articles included in this special issue, discusses how they respond to these big questions, and suggests that further comparative research might best address remaining gaps in the literature.
spellingShingle FitzGerald, CJ
Fraser, A
Kimmitt, J
Tackling the big questions in social impact bond research through comparative approaches
title Tackling the big questions in social impact bond research through comparative approaches
title_full Tackling the big questions in social impact bond research through comparative approaches
title_fullStr Tackling the big questions in social impact bond research through comparative approaches
title_full_unstemmed Tackling the big questions in social impact bond research through comparative approaches
title_short Tackling the big questions in social impact bond research through comparative approaches
title_sort tackling the big questions in social impact bond research through comparative approaches
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AT frasera tacklingthebigquestionsinsocialimpactbondresearchthroughcomparativeapproaches
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