%0 Journal Article
%T Pay for Success Is Quietly Undergoing a Radical Simplification
%A George M. Overholser
%J The ANNALS of the American Academy of Political and Social Science
%@ 1552-3349
%D 2018
%R 10.1177/0002716218769036
%X Recent changes to rules that dictate the permissible use of large social spending streams are ushering in a radical simplification of pay for success (PFS). These changes greatly reduce the amount of political effort required to secure PFS-enabled sources of spending for any given project; they make it easier to avoid the complexity of social impact bond financing arrangements; and they lead to PFS structures that work systemically across many providers at once, rather than with just one or two at a time
%K pay for success
%K social impact bond
%K randomized controlled trials
%K evidence-based policy
%U https://journals.sagepub.com/doi/full/10.1177/0002716218769036