Benefits of social impact bonds in reducing unemployment levels among ultra-Orthodox Jews in Israel

Q3 Social Sciences

International Journal of Public Policy Pub Date : 2018-05-23 DOI:10.1504/IJPP.2018.10013098

D. Lavee, Yehudith Kahn, Yoav Fisher

引用次数: 2

Abstract

A social impact bond (SIB) is an innovative financial tool designed to resolve the lack of efficiency of public financing of social services and create additional sources of funding for various social projects. The purpose of this study is to examine the use of SIBs for the encouragement of ultra-orthodox employment and evaluate their economic return to the Israeli Government. First, the expected impacts of training ultra-Orthodox men for employment in the high-tech sector of the local labour market are evaluated. Second, economic profitability is measured as expected cost savings for the Israeli Government.

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社会影响的好处在于降低以色列极端正统派犹太人的失业率

社会影响债券是一种创新的金融工具，旨在解决社会服务公共融资效率低下的问题，并为各种社会项目创造额外的资金来源。本研究的目的是审查SIB用于鼓励极端正统就业的情况，并评估其对以色列政府的经济回报。首先，评估了培训极端正统派男子在当地劳动力市场高科技部门就业的预期影响。第二，经济盈利能力被衡量为以色列政府的预期成本节约。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Public Policy Social Sciences-Political Science and International Relations

CiteScore

0.40

自引率

0.00%

发文量

期刊介绍： The IJPP proposes and fosters discussion on public policy issues facing nation states and national and supranational organisations, including governments, and how these diverse groups approach and solve common public policy problems. The emphasis will be on governance, accountability, the creation of wealth and wellbeing, and the implications policy choices have on nation states and their citizens. This perspective acknowledges that public policy choice and execution is complex and has ramifications on the welfare of citizens; and that, despite national differences, the actions of nation states are constrained by policies determined by supranational bodies, some of which are not directly accountable to any international body.