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In Social Impact Bonds: What’s in a Name? Lindsay Beck, Catarina Schwab, & Anna Pinedo believe that "Social impact bonds hold extraordinary potential.

In Social Impact Bonds: What’s in a Name? Lindsay Beck, Catarina Schwab, & Anna Pinedo believe that "Social impact bonds hold extraordinary potential. They represent a more effective way to distribute grant dollars, catalyze investment in the nonprofit sector, unlock impact data, and foster greater transparency and accountability".  However they also argue that social impact bonds should be renamed and re-formed as debt securities.