What is the definition of financialization and how to evaluate the relationship between community development and financialization?

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Financialization refers to the increasing dominance of financial markets, institutions, and motives in the economy, often at the expense of the real economy, leading to a shift in focus from production to financial profit-making. It has significant implications for community development, influencing resource allocation, investment in local initiatives, and economic inequality.

To evaluate the relationship between community development and financialization, researchers can use methods such as:

Case studies: Analyzing specific communities affected by financialization to assess changes in development outcomes.

Quantitative metrics: Measuring economic indicators like investment levels in community projects relative to financial sector growth.

Surveys: Gathering community perceptions on how financialization impacts local development and access to resources.