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Social Finance$
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Alex Nicholls, Rob Paton, and Jed Emerson

Print publication date: 2015

Print ISBN-13: 9780198703761

Published to Oxford Scholarship Online: December 2015

DOI: 10.1093/acprof:oso/9780198703761.001.0001

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The roles of government and policy in social finance

The roles of government and policy in social finance

Chapter:
(p.383) 13 The roles of government and policy in social finance
Source:
Social Finance
Author(s):

Rosemary Addis

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198703761.003.0014

This chapter sets out new thinking and research on how various public policy tools have been building the social finance market around the world as a catalytic force. The chapter considers the rationale for policy interventions, looking firstly at a market-based analysis and then at arguments for a broader role for the state in encouraging innovation. It sets out a new ‘toolbox’ for policy, drawing upon examples from around the globe. The chapter concludes with consideration of how social finance can provide a focal point for new collaborations across sector boundaries to shape a more productive generation of public private partnerships.

Keywords:   public policy, innovation, catalytic investments, policy intervention, hybridity, public private partnership

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