The Potential of Using “Self-Interest” in Solving Social Problems | VoxUkraine

The Potential of Using “Self-Interest” in Solving Social Problems

28 September 2016

State goal-oriented programs are a usual tool of solving large-scale economic and social problems in Ukraine. However, the lack of money and responsibility for failing to reach the stated objectives have transformed this instrument of solving social problems into a mere declaration of intentions. In the meantime, the development of the theory of social investment has led to the emergence of new financial instruments in the developed countries, which are known as social impact bonds. They have a potential of becoming an efficient tool of solving social problems.

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