As The Chronicle continues to follow the development of Pay for Success (PFS) projects (also known as Social Impact Bonds), other interested parties have begun to take notice as well. There have been a number of recent reports published on PFS, including the examination of winning federal grant applications, The Chronicle reported on late last year.
Last month, Canadian research group, Canadian Centre For Policy Alternatives, released a report co-authored by John Loxley and Marina Puzreva from the Economics Department of the University of Manitoba. The report, Social Impact Bonds: An Update, examines the state of PFS globally and presents critiques of the model to consider.
Click here for the full report.