Debate: The cost of SIBs

Toby Lowe*

*Corresponding author for this work

    Research output: Contribution to journalComment/debatepeer-review

    7 Citations (Scopus)

    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?
    Original languageEnglish
    Pages (from-to)185-188
    Number of pages4
    JournalPublic Money and Management
    Volume40
    Issue number3
    Early online date22 Jan 2020
    DOIs
    Publication statusPublished - 2 Apr 2020

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