Social Finance Analysis

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Social Finance: Policy Brief Stage 2 PPAS 3190 Anil Puri Feb 11, 2014 210120020 1. The stage involved with social finance would be the fourth stage, which is the policy implementation. Social finance is invested in many future projects and supports job growth to connect Canadians with available jobs such as students, persons with disabilities, and training programs for the future workforce. Social finance also lays interest on balancing the budget to ensure taxes stay low and at the same time lowering Canada’s deficit by $2.9 billion by 2014-2015 (1). 2. Social finance is seen as an approach aimed as mobilizing private capital in order to ensure the delivery of economic returns and social dividends to attain environmental and social goals (2). It also creates many opportunities for various investors to finance certain projects to benefit community and society organizations to access other sources of funds. The description of the policy issue, as social finance, is conveyed by the implementers who involve mainly political leaders, interest groups, state legislatures, congress, and government bureaucracies. The problem from the policy is defined based on the economic situation of the society before its introduction and implementation. Social finance, as an initiative, is a form of a business with the aim of bettering society economically and having a positive social impact such as creating new job opportunities and funding business development programs. Since 2004, over $67.7 million has been invested in over 7300 businesses and community development projects (3). The description of the problem also involves understanding of the situation in the absence of the initiative. The policy, as a problem,... ... middle of paper ... ...ther words, the action would handle all factors that would be involved compared to its alternatives that may only consider a single factor such as financial availability leaving others such as management types, and the public response to the initiative. Therefore, the recommended course is far much better when compared to the mentioned alternatives. Analyzing the entire project is broken down into necessary steps needed to achieve the goal, as many factors have been taken into consideration. 8. The prospective target audience for this would be a government agency. Government planning to provide its citizens with financial foundation and uplifting the overall economic growth should be the most appropriate audience for this particular policy brief. The government should take into consideration some aspects of this brief with starting similar or related initiatives.

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