A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Financial capital/resource

Financial capital is a category of livelihood assets. It refers to the financial resources people use to achieve their livelihood objectives and includes available stocks as well as regular inflows of money.
(in "Livelihood Research Perspective - Assets, Practices, and Wellbeing")

First World

See Developed Countries. The term “second world” was reserved for socialist countries that followed another path to development. After the demise of the Soviet Union and its partner states, these countries are often referred to as transitional or transition countries because they are in transition from a planned economic system to a capitalistic system.
(in "Describing Poverty")


Globalisation processes lead both to a global approximation and to a fragmentation of the world. New cultural and social differences can arise. There are political and cultural reactions, such as forms of fundamentalism, that refuse to accept a globalisation that subjects their cultures to foreign influences. However, not all fragmentation processes are a result of people’s opposition to certain aspects of globalisation. The fact that certain groups of people are unable to participate in economic or social development can lead to fragmentation.
(in "Globalisation Processes B")


Functionalism refers to theories in sociology and anthropology which explain social institutions primarily in terms of the functions they perform. To talk of the function of something is to account for a social activity or phenomenon by referring to its consequences for the operation of some other social activity, institution, or society as a whole. Modern functionalists treat society as systems of interacting, and self-regulating, parts.
(in "Theorising Inequality and Change")


Fundamentalism is generally used to refer to a religious movement or point of view characterised by a return to fundamental principles, by rigid adherence to those principles, and often by intolerance towards other views as well as opposition to secularism. Fundamentalist movements can be understood as an attempt to resist global cultural assimilation processes.
(in "Globalisation Processes B")

Go to previous page Go to top Go to next page