The government of Washington DC recently announced plans to launch its first Social Impact Bond (SIB), an innovative finance approach that in this case will be aimed at reducing teen pregnancy and improving educational outcomes for teenagers.
Proponents of the use of randomized controlled trials (RCTs) in impact evaluation and development research often point out the close link between these trials and their clinical counterparts in the world of medical research.
Let’s talk about second compacts. Increasingly, MCC seems to be moving in this direction. In the last five years, of the eleven countries selected as eligible to develop an MCC compact, eight had already completed (or were close to completing) an initial MCC compact.
