Work

Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity

Year: 2011

Type: article

Abstract: In October 2010, the European Commission presented its initial results of the four year-long EU Budget Review. This came as all levels of government from the local up over, attempted to address shared challenges with static or decreasing resources as a result of the economic crisis. This commentary explores how Social Impact Bonds can potentially lead to greater impact for EU funds at the local level, meaning substantial financial savings in the future due to decreased draws on public services.

Source: Journal of Contemporary European Research

DOI: 10.30950/jcer.v7i1.341

Authors: John Alan Dodd, Rory Moody

Institutions: University of Newcastle Australia, Newcastle University, University of Edinburgh

Language: English

Topic: Community Development and Social Impact

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W1867498979

FWCI:

Cites: 2

Cited by: 7

Related to: 10