LEADER 04313nam 2200721 450 001 9910466178903321 005 20200520144314.0 010 $a0-231-54166-X 024 7 $a10.7312/keoh17802 035 $a(CKB)3710000000856155 035 $a(SSID)ssj0001646425 035 $a(PQKBManifestationID)16415469 035 $a(PQKBTitleCode)TC0001646425 035 $a(PQKBWorkID)14925541 035 $a(PQKB)11056269 035 $a(MiAaPQ)EBC4588454 035 $a(StDuBDS)EDZ0001724069 035 $a(DE-B1597)479866 035 $a(OCoLC)979776926 035 $a(DE-B1597)9780231541664 035 $a(PPN)233900039 035 $a(Au-PeEL)EBL4588454 035 $a(CaPaEBR)ebr11262447 035 $a(CaONFJC)MIL959724 035 $a(OCoLC)958547521 035 $a(EXLCZ)993710000000856155 100 $a20160228h20162016 uy| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCapital and the common good $ehow innovative finance is tackling the world's most urgent problems /$fGeorgia Levenson Keohane 210 1$aNew York :$cColumbia University Press,$d[2016] 210 4$dİ2016 215 $a1 online resource (263 pages) $cillustrations 225 0 $aColumbia Business School publishing 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-231-17802-6 320 $aIncludes bibliographical references and index. 327 $aIntroduction: innovative finance and the visible hand -- Climate change: REDD forests, green bonds, and the price of climate finance -- Health care: medicine for market failure -- Financial inclusion and access to capital -- Redefining risk, response, and resilience towards a new disaster finance -- US community and economic development -- Conclusion: financing the future: innovative finance and the ties that bind -- Epilogue: the road ahead. 330 $aDespite social and economic advances around the world, poverty and disease persist, exacerbated by the mounting challenges of climate change, natural disasters, political conflict, mass migration, and economic inequality. While governments commit to addressing these challenges, traditional public and philanthropic dollars are not enough. Here, innovative finance has shown a way forward: by borrowing techniques from the world of finance, we can raise capital for social investments today. Innovative finance has provided polio vaccines to children in the DRC, crop insurance to farmers in India, pay-as-you-go solar electricity to Kenyans, and affordable housing and transportation to New Yorkers. It has helped governmental, commercial, and philanthropic resources meet the needs of the poor and underserved and build a more sustainable and inclusive prosperity. Capital and the Common Good shows how market failure in one context can be solved with market solutions from another: an expert in securitization bundles future development aid into bonds to pay for vaccines today; an entrepreneur turns a mobile phone into an array of financial services for the unbanked; and policy makers adapt pay-for-success models from the world of infrastructure to human services like early childhood education, maternal health, and job training. Revisiting the successes and missteps of these efforts, Georgia Levenson Keohane argues that innovative finance is as much about incentives and sound decision-making as it is about money. When it works, innovative finance gives us the tools, motivation, and security to invest in our shared future. 606 $aFinance$xSocial aspects 606 $aFinance$xMoral and ethical aspects 606 $aCapitalism$xSocial aspects 606 $aSocial responsibility of business 606 $aCommon good 608 $aElectronic books. 615 0$aFinance$xSocial aspects. 615 0$aFinance$xMoral and ethical aspects. 615 0$aCapitalism$xSocial aspects. 615 0$aSocial responsibility of business. 615 0$aCommon good. 676 $a174/.4 686 $aQK 600$2rvk 700 $aKeohane$b Georgia Levenson$01046957 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910466178903321 996 $aCapital and the common good$92474249 997 $aUNINA