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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Main Authors: John Alan Dodd, Rory Moody
Format: Article
Language:English
Published: UACES 2011-05-01
Series:Journal of Contemporary European Research
Subjects:
Online Access:https://jcer.net/index.php/jcer/article/view/341
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spelling 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
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