Social Invesment: Franco-German Experiences

Edith Archambault (1) , Helmut K. Anheier (2)

1 CES - Centre d'économie de la Sorbonne
2 Centre for Social Investment

With the global financial and economic crisis as a backdrop, we argue that social investment presents an innovative option with considerable potential. Social investment, defined as private contributions to public benefit, breaks conventional boundaries that limit private investment to businesses and public investment to government. Rather social investments turn out to be a third option for policy makers, as they combine the economic and the social, the private and the public. Introducing the key models and tools, the chapter offers examples ot social investments in France and Germany. In conclusion, it regrets the lack of an enabling framework and makes plea for a European social investment market.

Mots clés: Social Investment; Public benefit; France; Germany; Social enterprises

Domaines: Economies et finances

Edith Archambault, Helmut K. Anheier. Social Invesment: Franco-German Experiences. Matthias Freise and Thorsten Hallmann. Modernizing Democracy. Associations and Associating in the 21st Century, Springer, pp.291-300, 2014, 978-1-4939-0484-6. ⟨10.1007/978-1-4939-0485-3⟩. ⟨halshs-01017216⟩