Sharing Risk: How Pay for Success Can Make Government More Efficient

Highlights

Sharing Risk: How Pay for Success Can Make Government More Efficient

Abstract

This document describes the basics of Pay for Success (PFS), its advantages and disadvantages compared to traditional government financing, how a PFS-ready sector can be created, how to identify evidence-based PFS ready programs, the Five Steps to Pay for Success, and next steps in the PFS evolution.

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