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This paper examines how Impact Investment (II) becomes part and transforms structured accumulation regimes and circuits, with a particular emphasis on South Africa's agricultural sector. Through the joint implementation of a macro study of the South African II circuits, and a micro study of a particular II fund's practices and impacts, the paper develops an in-depth political economy assessment of II circuits in order to historicize these circuits, to map the South African II community, and to characterize the power balances presently structuring it. Rather than highlighting ruptures, it draws the attention to the historical continuities and path-dependencies as II related tools are rooted into older financial practices, shaping today's II development and practice - hence questioning II as a tool for empowerment.

Substantiating cause and effect is one of the great conundrums for those aiming to have a social impact, be they an NGO, social impact investment fund, or multinational corporation. All face the same quandary: how do you know whether, or how, you contributed to an observed social change? A wide range of impact evaluation methodologies exist to address this need, ranging from informal feedback loops to highly elaborate surveys. But generating useful and credible information in a timely and cost-effective way remains an elusive goal, particularly for organizations working in complex, rapidly evolving and diverse contexts. Attributing Development Impact brings together responses to this challenge using an innovative impact evaluation approach called the Qualitative Impact Protocol (QuIP). This is a transparent, flexible and relatively simple set of guidelines for collecting, analysing and sharing feedback from intended beneficiaries about significant drivers of change in their lives. Innovative features include the use of 'blindfolded' interviewing to mitigate pro-project bias, and the application of a flexible coding system to make analysis and reporting faster and more transparent. The QuIP has now been used in 18 countries (including Ethiopia, India, Malawi, Mexico, Tanzania, Uganda and UK) with activities to promote food security, rural livelihoods, factory working conditions, medical training, community empowerment and microcredit for house improvement. This book includes comprehensive 'how to' QuIP guidelines and practical insights based on case studies from these countries into how to address the numerous methodological challenges thrown up by impact evaluation. Essential reading for evaluation specialists within NGOs, governments and donor agencies; social impact investors; community development practitioners; and researchers and students interested in evaluation methodologies.

Microeconomic Simulation Models for Public Policy Analysis, Volume 1: Distributional Impacts is a collection of papers presented at a conference of the same title held in Washington, D.C. in March 1978. This collection discusses extended micro data models for first-round distributional analysis, models that incorporate behavioral responses to the policies being stimulated, models of macroeconomics, and models that have sectorial or regional impacts. One paper explains that increasing support for the negative income tax scheme can result in bigger increase in the budgetary cost of the program i