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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

(p.383) 13 The roles of government and policy in social finance
Social Finance

Rosemary Addis

Oxford University Press

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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