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New social impact bond targets the greater good
Thursday, November 3rd, 2011
Oct. 31, 2011
Champions of social finance foresee a world in which profit motives and the greater good move in tandem. They are hoping that investors will evaluate potential investments not only according to how big the return might be, but also according to how much good it will do. The approach could revolutionize the way social programs are delivered… One of the barriers that stands in the way of convincing investors to put their money into social impact investments is the need for a standard, reliable set of metrics to quantify social impacts.
Tags: ideology, philanthropy, standard of living, tax
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