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Social impact bonds in education as a model of social partnership between government, business and civil institutions

https://doi.org/10.26425/1816-4277-2025-9-212-221

Abstract

The article is devoted to the methodology of the concept of social impact bonds, an analysis of approaches to the definition of this concept was made and its differences from the concepts of impact project, impact investment are justified if there is a basic similarity – solving social problems with a payment mechanism on the principle of payment for success. On the example of the project of social impact in the field of education “Personnel for the timber industry complex of the Kostroma region” the features and advantages of these projects are considered. The article reveals the main mechanisms for the implementation of the project: cooperation between the authorities (government), business and civil institutions, conducting sociological research at the beginning and at the end of the project, developing methodological materials, regulatory documents and new pedagogical practices during the implementation of the social impact project in the Kostroma region. Based on a systematic analysis of the experience gained, the main advantages for each of the parties of this project were identified: increasing the efficiency of budget expenditures due to their implementation only after confirming the achievement of the target social effect, stimulating the inflow of private investment into the regions, implementing public tasks by socially responsible business in cooperation with the state, approbation and implementation and the possibility of scaling up successful practices and obtaining new competencies to solve social problems. The achievement of social effects and project targets, confirmed by an independent assessment of the project, allows us to talk about the possibilities of using proven models of social partnership in other sectors of the economy and social sphere in different regions of the Russian Federation.

About the Authors

L. S. Pastukhova
Russian Academy of Education; Charitable Foundation “Sistema”
Russian Federation

Larisa S. Pastukhova, Dr. Sci. (Ped.), Corresponding Мember; President

Moscow



A. A. Ksenofontova
Charitable Foundation “Sistema”
Russian Federation

Alevtina A. Ksenofontova, Cand. Sci. (Hist.), Head of Career Guidance and Mentoring

Moscow



References

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Review

For citations:


Pastukhova L.S., Ksenofontova A.A. Social impact bonds in education as a model of social partnership between government, business and civil institutions. Vestnik Universiteta. 2025;(9):212-221. (In Russ.) https://doi.org/10.26425/1816-4277-2025-9-212-221

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ISSN 1816-4277 (Print)
ISSN 2686-8415 (Online)