Innovative Finance and the Visible Hand
“In this book, we will examine how creative configurations of nonprofit, commercial, and public-sector entities come together to harness market forces in the face of market failure. When these partnerships develop new or improved ways to pay for investments in public goods and social and economic development, we call it innovative finance.” — Georgia Levenson Keohane
This week, our featured book is Capital and the Common Good: How Innovative Finance Is Tackling the World’s Most Urgent Problems, by Georgia Levenson Keohane. To start the week’s feature, we are happy to present the book’s introduction, in which Keohane introduces the concept of innovative finance.
Don’t forget to enter our book giveaway for a chance to win a free copy of Capital and the Common Good.
