Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity
In October 2010, the European Commission presented its initial results of the four year-long EU Budget Review. This came as all levels of government from the local up over, attempted to address shared challenges with static or decreasing resources as a result of the economic crisis. This commentary...
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doaj-f8fadba1a3094016942959bbdca211ba2020-11-25T04:07:01ZengUACESJournal of Contemporary European Research1815-347X2011-05-0171Outcomes, Not Process: Towards a New Model for European Funding in an Age of AusterityJohn Alan Dodd0Rory Moody1Newcastle University AlumniUniversity of EdinburghIn October 2010, the European Commission presented its initial results of the four year-long EU Budget Review. This came as all levels of government from the local up over, attempted to address shared challenges with static or decreasing resources as a result of the economic crisis. This commentary explores how Social Impact Bonds can potentially lead to greater impact for EU funds at the local level, meaning substantial financial savings in the future due to decreased draws on public services.https://jcer.net/index.php/jcer/article/view/341European UnionBudgetFundingLocal governmentInnovationSocial |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
John Alan Dodd Rory Moody |
spellingShingle |
John Alan Dodd Rory Moody Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity Journal of Contemporary European Research European Union Budget Funding Local government Innovation Social |
author_facet |
John Alan Dodd Rory Moody |
author_sort |
John Alan Dodd |
title |
Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity |
title_short |
Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity |
title_full |
Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity |
title_fullStr |
Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity |
title_full_unstemmed |
Outcomes, Not Process: Towards a New Model for European Funding in an Age of Austerity |
title_sort |
outcomes, not process: towards a new model for european funding in an age of austerity |
publisher |
UACES |
series |
Journal of Contemporary European Research |
issn |
1815-347X |
publishDate |
2011-05-01 |
description |
In October 2010, the European Commission presented its initial results of the four year-long EU Budget Review. This came as all levels of government from the local up over, attempted to address shared challenges with static or decreasing resources as a result of the economic crisis. This commentary explores how Social Impact Bonds can potentially lead to greater impact for EU funds at the local level, meaning substantial financial savings in the future due to decreased draws on public services. |
topic |
European Union Budget Funding Local government Innovation Social |
url |
https://jcer.net/index.php/jcer/article/view/341 |
work_keys_str_mv |
AT johnalandodd outcomesnotprocesstowardsanewmodelforeuropeanfundinginanageofausterity AT rorymoody outcomesnotprocesstowardsanewmodelforeuropeanfundinginanageofausterity |
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