Paper Title
CAN SOCIAL IMPACT BONDS HELP PREVENT CRIME AMONG YOUNG PEOPLE?

Abstract
Abstract - After the 2008 financial crisis, the contraction of public money to be allocated to welfare and the increased need for financial funds to deal with situations of risk and social vulnerability, Social Impact Bonds (SIBs) appeared as an opportunity to involve private investors and introduce elements of efficiency, efficacy and competition to solve old, new and chronic social and economic problems traditionally faced by the public sector. The article begins by introducing Social Impact Bonds and examining the first experiences to which they have been applied, then examines the pros and cons that emerged in the first ten years of their introduction and finally considers some critical elements highlighted in recent research work. This first part is followed by a reflection on their application for the prevention of crime in the younger population, coming to glimpse elements of optimism and potential in their introduction in this area of social risk. Keywords - Social Impact Bonds, Crime Prevention, Social Finance