Fighting Poverty and Inequalities Through Social Impact Bonds: Learning from Case Studies to Support the Covid-19 Response

Trotta, Annarita; Carè, Rosella; Caridà, Rossana; Migliazza, Maria Cristina

doi:10.1007/978-3-030-65133-6_3

Annarita Trotta⁴,
Rosella Carè⁵,
Rossana Caridà⁴ &
…
Maria Cristina Migliazza⁴

Part of the book series: Palgrave Studies in Impact Finance ((SIF))

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3 Citations

Abstract

This chapter focuses on critical case studies involving SIBs—launched to address poverty (also in advanced economies) and socio-economic inequality issues—with the aims of understanding (1) the links and gaps between the contests and the structures of different SIB models and the ways to achieve their goals and (2) the key elements for scaling up these practices. Our analysis examines the main implications for research and practice by providing a framework for an ecosystem in which SIBs are developed. The work contributes to the international debate and introduces interesting stimuli for developing SIBs in the post-COVID-19 era, especially in some European Union countries, such as Italy, that are characterized by high rates of unemployment and poverty.

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Acknowledgments

The Authors express their gratitude to reviewers for their useful contributions and comments.

Funding

This work was realized in the framework of the Project Social Impact Finance (SIF16_00055) «An Italian platform for impact finance: financial models for social inclusion and sustainable welfare» (in collaboration with: Sapienza, University of Rome, Project Leader), funded by the Italian Ministry of the Education, University and Research (MIUR), PNR (2015–2020), DD. 2153, 12.10.2016; DD. 1303, 30.05.2017.

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Department of Law, Economics and Sociology, University Magna Graecia of Catanzaro, Catanzaro, Italy
Annarita Trotta, Rossana Caridà & Maria Cristina Migliazza
Department of Economics and Business, University of Cagliari, Viale S. Ignazio 17, 09125, Cagliari, Italy
Rosella Carè

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Annarita Trotta
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Rosella Carè
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Rossana Caridà
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Maria Cristina Migliazza
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Correspondence to Annarita Trotta .

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Department of Management, Sapienza University of Rome, Rome, Italy
Mario La Torre
Department of Management and Business Administration, G. d’Annunzio University of Chieti-Pescara, Pescara, Italy
Helen Chiappini

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Trotta, A., Carè, R., Caridà, R., Migliazza, M.C. (2021). Fighting Poverty and Inequalities Through Social Impact Bonds: Learning from Case Studies to Support the Covid-19 Response. In: La Torre, M., Chiappini, H. (eds) Contemporary Issues in Sustainable Finance. Palgrave Studies in Impact Finance. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-65133-6_3

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DOI: https://doi.org/10.1007/978-3-030-65133-6_3
Published: 14 April 2021
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-65132-9
Online ISBN: 978-3-030-65133-6
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