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Evaluation of the Social Impact Bond

Lessons from planning and early implementation at HMP Peterborough

by Emma Disley, Jennifer Rubin, Emily Scraggs, Nina Burrowes, Deirdre May Culley

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RAND Europe has evaluated the world's first Social Impact Bond (SIB), an innovative payment-by-results mechanism to fund public services which aims to reduce reoffending by prisoners. This report presents the initial findings of the evaluation.

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