{
    "abstract": [
        "Steve Rothschild, president and founder of Invest Outcomes, explains the pay-for-success financing model and how it is being used to address the funding of discretionary services, often human services. In an era of austerity with dwindling funding from government, philanthropy and financial institutions, pay-for-success financing has the potential to improve the social sector's effectiveness by rewarding programs that work, encouraging innovation, validating progress and attracting private capital to the anti-poverty cause. Learn more about two emerging innovative financing models \u2014 social impact bonds and human capital performance bonds \u2014 and how they may benefit low-income communities and help government to operate in a more fiscally responsible manner."
    ],
    "titleInfo": [
        {
            "title": "Invest Outcomes, Steve Rothschild"
        }
    ],
    "originInfo": {
        "issuance": "periodical",
        "sortDate": "2014-10-17",
        "dateIssued": "October 17, 2014"
    },
    "recordInfo": {
        "recordIdentifier": [
            "603202"
        ],
        "recordUpdatedDate": "2021-05-26 12:10:50",
        "recordCreationDate": "2021-05-26 12:00:33",
        "recordType": "item"
    },
    "typeOfResource": "sound recording",
    "physicalDescription": {
        "form": "electronic",
        "extent": " pages",
        "digitalOrigin": "born digital",
        "internetMediaType": [
            "audio\/mpeg"
        ]
    },
    "location": {
        "url": [
            "https:\/\/fraser.stlouisfed.org\/title\/8-eighth-6286\/invest-outcomes-steve-rothschild-603202"
        ],
        "apiUrl": [
            "https:\/\/fraser.stlouisfed.org\/api\/item\/603202"
        ],
        "pdfUrl": [
            "https:\/\/fraser.stlouisfed.org\/docs\/publications\/frbsl_8f8\/frbsl_8f8_20141017.mp3"
        ],
        "textUrl": [
            "https:\/\/fraser.stlouisfed.org\/files\/text\/publications\/frbsl_8f8\/frbsl_8f8_20141017.mp3"
        ]
    },
    "relatedItem": [
        {
            "@type": "parent",
            "recordInfo": {
                "recordIdentifier": [
                    "6286"
                ]
            },
            "titleInfo": [
                {
                    "title": "8 from the Eighth"
                }
            ],
            "name": [
                {
                    "role": "creator",
                    "namePart": [
                        "Federal Reserve Bank of St. Louis"
                    ],
                    "recordInfo": {
                        "recordIdentifier": [
                            "129"
                        ]
                    }
                }
            ]
        }
    ],
    "accessCondition": "For more information on rights relating to this item, please see: https:\/\/fraser.stlouisfed.org\/title\/8-eighth-6286\/invest-outcomes-steve-rothschild-603202"
}