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Government Managing Risk

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Government Managing Risk presents an extensive conceptual and empirical analysis of the world’s first national ICL for higher education as well as exploring the experiences of a number of other countries adopting ICLs.

Bruce Chapman prescribes an important, new role for income contingent loans, demonstrating the extraordinary potential ICLs have to change radically the nature of social and economic policy interventions. ICLs can be seen as a remarkably flexible government risk instrument. He presents analysis of a number of disparate case studies to illustrate how ICLs can aid risk management policy reform in both progressive and administratively feasible ways.

Keywords

loans higher education financing income contingent loan public policy grants loans drought relief Criminal reparations tax system financial incentives income contingent fines investments profit contingent loans reform issues Business Organizations

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