As national and local governments reconsider growth models in the wake of COVID-19, cultural and creative sectors can be a tool for a resilient recovery. This report outlines international trends with new data, including at subnational scale. It addresses issues in cultural and creative sectors in terms of employment, business development, cultural participation and funding...

Social Impact bonds (SIBs) have attracted much attention in the aftermath of the financial crisis. They have been implemented in a number of countries as they seem to be an attractive proposition for financing the delivery of social services. But SIBs remain a fairly new financial instrument aiming at social impact with limited evidence regarding...

Social impact bonds (SIBs) can be defined as “a mechanism that harnesses private capital for social services and encourages outcome achievement by making repayment contingent upon success.” Since 2010, which marked the advent of the first SIB, 43 have been set up in 11 countries representing an investment of over €200 million. Public welfare expenditures...