This book contributes to the growing literature on social investment by discussing the way social investment ideas have been adopted in different countries and in various academic and professional fields, including social policy, development studies and non-profit management. Documenting the experience of implementing social investment in different communities, it encourages a One World perspective that integrates these diverse experiences and promotes policy learning between different nations.

Since the late 1990s, new strategies concerning the role and shape of welfare states have been formulated, many of which are guided by a logic of social investment. This book maps out this new perspective and assesses both its achievements and shortcomings. In doing so, it provides a critical analysis of social investment ideas and policies and opens up for discussion many of Europe's most pressing concerns--such as an aging population, the current economic crisis, and environmental issues-- and whether social investment can provide adequate responses to these challenges.

The Uses of Social Investment provides the first study of the welfare state, under the new post-crisis austerity context and associated crisis management politics, to take stock of the limits and potential of social investment. It surveys the emergence, diffusion, limits, merits, and politics of social investment as the welfare policy paradigm for the 21st century, seen through the lens of the life-course contingencies of the competitive knowledge economy and modern family-hood. Featuring contributions from leading scholars in the field, the volume revisits the intellectual roots and normative foundations of social investment, surveys the criticisms that have leveled against the social investment perspective in theory and policy practice, and presents empirical evidence of social investment progress together with novel research methodologies for assessing socioeconomic 'rates of return' on social investment. Given the progressive, admittedly uneven, diffusion of the social investment policy priorities across the globe, the volume seeks to address the pressing political question as to whether the social investment turn is able to withstand the fiscal austerity backlash that has re-emerged in the aftermath of the global financial crisis.

Social workers have been involved in social development for many years, but it is only recently that these ideas have been explicitly applied to social work practice. The result is that a new and distinctive approach to social work practice known as developmental social work has emerged. Developmental social work emphasizes the role of social investment in professional practice. These investments meet the material needs of social work's clients and facilitate their full integration into the social and economic life of the community. Developmental social workers believe that client strengths and capabilities need to be augmented with public resources and services if those served by the profession are to live productive and fulfilling lives. Although developmental social work is inspired by international innovations, particularly in the developing countries, it highly relevant to practice in the United States and other Western nations. In the first book to lay out a clear framework for developmental social work practice, chapters will focus on the traditional fields of social work practice, showing how social investment strategies can be adopted by social workers in their daily practice with populations including families and children, people with mental illness, homeless youth, people with disabilities, the elderly, and those in the correctional system. By facilitating clients' full social and economic participation through a variety of strategies, such as microenterprise or asset-building programs, practitioners can help bring about meaningful changes in clients' lives and throughout their communities. The editors and contributors offer a highly original exposition of developmental social work theory and practice, providing a definitive guide to an emerging and exciting new approach to practice.

Christopher Deeming and Paul Smyth together with internationally renowned contributors propose that the merging of the ‘social investment’ and ‘inclusive growth and development’ agendas is forging an unprecedented global social policy framework. The book shows how these key ideas together with the environmental imperative of ‘sustainability’ are shaping a new global development agenda. This framework opens the way to a truly global social policy discipline making it essential reading for those working in social and public policy, politics, economics and development as well geographical and environmental sciences. In the spirit of the UN’s Sustainability Goals, the book will assist all those seeking to forge a new policy consensus for the 21st century based on Social Investment for Inclusive Growth and Sustainable Development. Contributors include Giuliano Bonoli, Marius Busemeyer, Sarah Cook, Guillem López-Casasnovas, Anton Hemerijck, Stephan Klasen, Huck-ju Kwon, Tim Jackson, Jane Jenson, Jon Kvist, James Midgley, and Günther Schmid.

Walking through social development’s key theoretical principles and practice strategies, this book shows how it promotes peoples’ wellbeing not only in the Global South, where it first emerged, but in the Western countries as well. It covers: Definitions and an historical evolution of social development Key theoretical debates around social well-being, human rights and social justice Social development practice such as human capital interventions, community development and cooperatives, asset building, employment creation policies and programmes, microenterprises and social planning among others Future challenges; global poverty, international aid and trade, and global inequality, conflict and injustice. Complete with international examples drawn from around the world, Social Development: Theory and Practice demonstrates how social development theory translates into practical application. This book is essential reading for students in development studies, social policy, public administration and social work, and for policymakers and development practitioners everywhere. James Midgley is the Harry and Riva Specht Professor of Public Social Services at the School of Social Welfare, University of California, Berkeley.

In Readings in Social Welfare: Theory and Policy, Robert E. Kuenne packages postwar classics with contemporary discussions to examine the impact of social welfare theory on policy development. The book introduces students to frameworks developed by scholars to monitor the market's inefficiencies, to modify its income distribution and resource allocation, and to make decisions for social investment. The readings cover practical issues of national and international concern, such as income and wealth distribution, the measurement of social welfare, recent movements in government regulation theory and practice, the economics of drug prohibition, and the role of the public's risk aversion in the determination of public investment. This book and its complement, Readings in Applied Microeconomic Theory: Market Forces and Solutions, are part of the Blackwell Readings for Contemporary Economics series.