Debate: The cost of SIBs

Lowe, Toby (2020) Debate: The cost of SIBs. Public Money and Management, 40 (3). pp. 185-188. ISSN 0954-0962

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Abstract

Social Impact Bonds (SIBs) are intrinsically expensive ways to fund social programmes. Using data from the development of a SIB programme, this article provides an example of the costs of developing a SIB. Including pro bono support, the programme cost nearly £750,000 to develop, before it had engaged with service users. Will this level of cost will significantly reduce in future, and are SIBs likely to provide ongoing cost reductions?

Item Type:	Article
Subjects:	N100 Business studies N200 Management studies
Department:	Faculties > Business and Law > Newcastle Business School
Depositing User:	Rachel Branson
Date Deposited:	12 May 2020 11:11
Last Modified:	12 May 2020 11:11
URI:	http://nrl.northumbria.ac.uk/id/eprint/43080

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