A new model for development impact bonds and its application to Girl Move Foundation

• Autor(a) principal: Simões, Mafalda Henriques
• Data de Publicação: 2018
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10400.14/25387
• topic: Domínio/Área Científica::Ciências Sociais::Economia e Gestão

Payment by Results mechanisms in social domains have been gaining attention in the last decade. The implementation of these models has led to the creation of specific instruments, more and more tailored to different situations. This is how Impact Bonds appeared in 2010, being later on sub-categorized into Social Impact Bonds and Development Impact Bonds, with the main specificity of its application being for developed countries and developing countries, respectively. However, there is an unequal growth in the use of these mechanisms: While SIBs have become very popular and widely adopted, DIBs only saw two cases of actual implementation, despite strong interest. This thesis will focus on Development Impact Bonds, aiming to understand how its structural differences from SIBs might be influencing its adoption. As a second step, after such issues are assessed, there will be suggested design choices, originating a new DIB model. As a third and final step, the new DIB model will be applied to the case of Girl Move, an NGO that operates in Africa and aims to fight low school attainment of girls.