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Social Impact Bond
A social impact bond (SIB), also known as pay-for-success financing, pay-for-success bond (US), social benefit bond (Australia), pay-for-benefit bond (Australia), social outcomes contract (UK), social impact partnership (Europe), social impact contract (Europe), or simply a social bond, is a type of outcomes-based contracting, whereby a contractor typically attempts to effect a policy of government but does not get paid by the government unless specified goals are achieved. The term was invented by Geoff Mulgan, chief executive of the Young Foundation. The first SIB was launched by UK-based Social Finance Ltd. in September 2010. By July 2019, 132 SIBs had been initiated in 25 countries, and they were worth more than $420m. , 23 countries use SIBs, with () 276 projects in place and capital raised to the value of $745m. History The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. Since the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SIB Functioning
SIB or sib may refer to: Places * Seeb, Oman, As Sib, a town in Oman * Sib, Khuzestan, a village in Khuzestan Province, Iran * Sibiti Airport (IATA airport code), in the Republic of the Congo * Sunny Isles Beach, Florida, US Science * Sib (anthropology), a group of people recognized by an individual as kin * Sib RNA, a non-coding sRNA found in ''E. coli'' * Simple biosphere model, used with atmospheric general circulation models * Self-injurious behaviour, in self-injury Organisations * School of International Business of the ESB Business School, Reutlingen University, Germany * Scientex Incorporated Berhad, a producer of stretch films, Malaysia * Securities and Investments Board, UK later the Financial Services Authority * Sekolah Indonesia Bangkok, Indonesian School * Sidang Injil Borneo, the Borneo Evangelical Church * Special Investigation Branch of UK military police * Special Investigations Branch of the New Zealand Defence Force Military Police * Student Welfare Organisati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Finance UK
Social Finance is a not for profit consultancy organisation that partners with governments, service providers, the voluntary sector and the financial community to find better ways of tackling social problems in the UK and globally. Founded in 2007, they have helped pioneer a series of programmes to improve outcomes for individuals with complex needs. Their innovations include the Social Impact Bonds (SIB) model which has mobilised more than £500 million globally in areas such as offender rehabilitation, children and family, homelessness and housing, young people at risk of becoming NEET, mental health and employment, loneliness and social isolation, and domestic violence. History Social Finance's initial team supported the work of the Commission on Unclaimed Assets, which recommended the establishment of a Social Investment Bank in March 2007 and in turn developed the blueprint for what is now named Big Society Capital. Initially financed by a group of philanthropists, late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Friends Of Island Academy
''Friends'' is an American television sitcom created by David Crane and Marta Kauffman, which aired on NBC from September 22, 1994, to May 6, 2004, lasting ten seasons. With an ensemble cast starring Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc, Matthew Perry and David Schwimmer, the show revolves around six friends in their 20s and early 30s who live in Manhattan, New York City. The original executive producers were Kevin S. Bright, Kauffman, and Crane. Kauffman and Crane began developing ''Friends'' under the working title ''Insomnia Cafe'' between November and December 1993. They presented the idea to Bright, and together they pitched a seven-page treatment of the show to NBC. After several script rewrites and changes, including title changes to ''Six of One'' and ''Friends Like Us'', the series was finally named ''Friends''. Filming took place at Warner Bros. Studios in Burbank, California. All ten seasons of ''Friends'' ranked within the top ten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Osborne Association
''The'' is a grammatical article in English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of the archaic pronoun ''thee' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crispin Blunt
Crispin Jeremy Rupert Blunt (born 15 July 1960) is a British politician who served as the Member of Parliament (MP) for Reigate from 1997 to 2024. Formerly a member of the Conservative Party, he was the Parliamentary Under-Secretary of State for Prisons and Youth Justice within the Ministry of Justice from 2010 to 2012 and chair of the Foreign Affairs Select Committee from 2015 until 2017. Blunt first entered the House of Commons at the 1997 general election, when he replaced the then MP Sir George Gardiner, who had been deselected by the Constituency Conservative Association Executive Council and joined the Referendum Party. In 2013, Blunt was deselected by the Constituency Executive Council, with speculation that this was due to his public announcement that he was gay. However, after a ballot of party members in Reigate, the decision was overturned by a margin of 5–1 and Blunt was reselected as the Conservative candidate for the 2015 general election. In October 2023, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kenneth Clarke
Kenneth Harry Clarke, Baron Clarke of Nottingham (born 2 July 1940) is a British politician who served as Home Secretary from 1992 to 1993 and Chancellor of the Exchequer from 1993 to 1997. A member of the Conservative Party (UK), Conservative Party, he was Member of Parliament (United Kingdom), Member of Parliament (MP) for Rushcliffe (UK Parliament constituency), Rushcliffe from 1970 United Kingdom general election, 1970 to 2019 United Kingdom general election, 2019, serving as Father of the House (United Kingdom), Father of the House of Commons between 2017 and 2019. Clarke served in the Cabinet of the United Kingdom, Cabinets of Margaret Thatcher and John Major as Chancellor of the Duchy of Lancaster from 1987 to 1988, Secretary of State for Health, Health Secretary from 1988 to 1990, and Secretary of State for Education, Education Secretary from 1990 to 1992. He held two of the Great Offices of State as Home Secretary and Chancellor of the Exchequer. President of the To ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secretary Of State For Justice
The secretary of state for justice is a secretary of state in the Government of the United Kingdom, with responsibility for the Ministry of Justice. The incumbent is a member of the Cabinet of the United Kingdom. Since the office's inception, the incumbent has concurrently been appointed Lord Chancellor. The officeholder works alongside the other justice ministers. The corresponding shadow minister is the shadow secretary of state for justice, and the performance of the secretary of state is also scrutinised by the Justice Select Committee. Responsibilities Corresponding to what is generally known as a justice minister in many other countries, the justice secretary's remit encompasses justice policy for the whole United Kingdom along with matters of justice specific to England and Wales. The justice secretary is responsible throughout the UK for: * Human rights and civil liberties; * Miscarriages of justice (via the Criminal Cases Review Commission); and * The UK� ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financialization
Financialization (or financialisation in British English) is a term sometimes used to describe the development of financial capitalism during the period from 1980 to the present, in which debt-to-equity ratios increased, and financial services accounted for an increasing share of national income relative to other sectors. Financialization describes an economic process by which exchange is facilitated through the intermediation of financial instruments. Financialization may permit real goods, services, and risks to be readily exchangeable for currency, and thus make it easier for people to rationalize their assets and income flows. Financialization is tied to the transition from an industrial economy to a service economy, as financial services belong to the tertiary sector of the economy. Specific academic approaches Various definitions, focusing on specific aspects and interpretations, have been used: * Greta Krippner of the University of Michigan writes that financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non Tradable
Tradability is the property of a good or service that can be sold in another location distant from where it was produced. A good that is not tradable is called non-tradable. Different goods have differing levels of tradability: the higher the cost of transportation and the shorter the shelf life, the less tradable a good is. Prepared food, for example, is not generally considered a tradable good; it will be sold in the city in which it is produced and does not directly compete with other cities' prepared foods. Some non-commodities and services such as haircuts and massages are also obviously non-tradable. However, in recent years even pure services such as education can be regarded as tradable due to advancements in information and communications technology. Price equalization Perfectly tradable goods, like shares of stock, are subject to the law of one price: they should cost the same amount wherever they are bought. This law requires an efficient market. Any discrepancy th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Contract
In moral and political philosophy, the social contract is an idea, theory, or model that usually, although not always, concerns the legitimacy of the authority of the state over the individual. Conceptualized in the Age of Enlightenment, it is a core concept of constitutionalism, while not necessarily convened and written down in a constituent assembly and constitution. Social contract arguments typically are that individuals have consented, either explicitly or tacitly, to surrender some of their freedoms and submit to the authority (of the ruler, or to the decision of a majority) in exchange for protection of their remaining rights or maintenance of the social order. The relation between natural and legal rights is often a topic of social contract theory. The term takes its name from '' The Social Contract'' (French: ''Du contrat social ou Principes du droit politique''), a 1762 book by Jean-Jacques Rousseau that discussed this concept. Although the antecedents of soci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Services
Social services are a range of public services intended to provide support and assistance towards particular groups, which commonly include the disadvantaged. Also available amachine-converted HTML They may be provided by individuals, private and independent organizations, or administered by a government agency. Social services are connected with the concept of welfare and the welfare state, as countries with large welfare programs often provide a wide range of social services. Social services are employed to address the wide range of needs of a society. Prior to industrialisation, the provision of social services was largely confined to private organisations and charities, with the extent of its coverage also limited. Social services are now generally regarded globally as a 'necessary function' of society and a mechanism through which governments may address societal issues. The provision of social services by governments is linked to the belief of Human rights, universal human rig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
