SIGN UP FOR OUR NEWSLETTER

Pay for Success as a Policy Tool

Return to Search Results

Pay for Success as a Policy Tool

  • Innovations: Technology, Governance, Globalization
  • Mayor Ben McAdams, Jeremy Keele, and Fraser Nelson
  • 2017

“As mayor of Salt Lake County, a job in which I represent the 1.1 million people who live in the Greater Salt Lake metro area, my job is to ask, What are we spending our money on? What is working for our residents — or not? What programs should be tweaked or stopped altogether? How can we do better? And how will we know if our efforts are working?” writes Mayor Ben McAdams in this contribution to Innovations. McAdams discusses his experience with Pay for Success, including Salt Lake City’s first Pay for Success initiation in early education and later Pay for Success projects for recidivism and homelessness, and focuses on key lessons learned including the importance of political will, partnerships, and reliable sources of repayment to attract lenders.

This article is included in our list of TEN NOTABLE RESOURCES FOR PAY FOR SUCCESS.

View Resource

Related Resources

  • Journal of Supply Chain Management
  • Jury Gualandris and Robert D. Klassen
  • 2018

✴︎ Available only with purchase from publisher “Governments and global corporations increasingly both confront and rely on international non‐governmental organizations (INGOs) to identify, design, and deliver interventions that prompt transformational change in societies, industries, and supply chains. For INGOs, transformational change is defined as a…

  • International Journal of Care and Caring
  • Carol Jacklin-Jarvis and Karen Potter
  • 2018

✴︎ Available only with purchase from publisher “Collaboration between the UK’s voluntary organisations and public agencies is often viewed through the lens of the changing welfare state. In this paper we contrast cross-sector collaboration in children’s services — as an example of the ‘welfare state’…

    Featured
  • SSIR
  • Jorrit De Jong, Amy Edmondson, Mark Moore, Hannah Riley Bowles, Jan Rivkin, Eva Flavia Martínez Orbegozo, and Santiago Pulido-Gomez
  • 2021

“The question of how to collaborate across boundaries admits no easy, universal answer. There are, however, striking similarities between the types of challenges that different collaborations face. From 2018 to 2020, the authors of this article—researchers from the Harvard Business School and the Harvard Kennedy…

  • Public Management Review
  • Sherena Hussain and Matti Siemiatycki
  • 2018

“Private capital has become a significant feature of infrastructure public-private partnerships (PPPs) on the premise that it incentivizes diligent risk management among private partners. This paper evaluates this claim by examining the PPP programme in Ontario, Canada, where the amount of long-term private capital in…

  • Public Administration
  • Eva Sørensen and Jacob Torfing
  • 2018

“Initially, governance networks were intended as tools for making public governance more effective. Yet, scholars have argued that governance networks also have the potential to democratize public governance. This article provides an overview of theoretical arguments pertaining to the democratizing impact of governance networks. It…

  • Beeck Center for Social Impact + Innovation
  • Robert M. Groves and Adam Neufeld
  • 2017

“The public pays for and provides an incredible amount of data to governments and companies. Yet much of the value of this data is being wasted, remaining in silos rather than being shared to enhance the common good—whether it’s helping governments to stop opioid addiction…

  • Living Cities
  • Jennifer Mayer
  • 2017

“In our latest City Accelerator guide, ‘Resilience, Equity, and Innovation,’ we share the tools and processes four cities, Pittsburgh, Saint Paul, San Francisco and Washington D.C., explored in an effort to increase equity and fund infrastructure. With new approaches to managing public resources, these cities…

  • Stanford Social Innovation Review
  • Jeff Shumway, Jake Segal, and Michael Etzel
  • 2018

“It’s still early days for governments experimenting with pay-for-success (PFS) projects, in which governments ask private funders to foot the bill for social programs, and then agree to repay those funders if the programs achieve agreed-on results. As public budgets tighten and social challenges remain…

  • Stanford Social Innovation Review
  • Stefaan G. Verhulst and Andrew Young
  • 2018

“To mitigate negative impacts and anticipate opportunities arising from high levels of global migration, we need a better understanding of the various factors contributing to the international movement of people and how they work together. Data—specifically, the widely dispersed data sets that exist across governments,…