LIBERALIZATION • DICTIONARY ONE.COM • Definition of Liberalization

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noun

Liberalization n. The act of liberalizing; the act of making less strict.

Synonyms: liberalization, relaxation.

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Etymology of 'Liberalization'

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Collaborative International Dictionary of English 0.48

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"Liberalization" Quotes from Famous Books

... has steadfastly pursued a policy of economic liberalization throughout the 1990s and today stands out as a success story among transition economies. Even so, much remains to be done. The privatization of small and medium state-owned companies and a liberal law on establishing new firms has encouraged the development of the private ...

— The 2004 CIA World Factbook • United States. Central Intelligence Agency

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... producing at only a fraction of past levels and an unemployment rate estimated at 40%. For over 40 years, the Stalinist-type economy operated on the principle of central planning and state ownership of the means of production. Fitful economic reforms begun during 1991, including the liberalization of prices and trade, the privatization of shops and transport, and land reform, were crippled by widespread civil disorder. Following its overwhelming victory in the 22 March 1992 elections, the new Democratic government announced a ...

— The 1993 CIA World Factbook • United States. Central Intelligence Agency.

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Words linked to "Liberalization" : relaxation, relief, liberalize, easement, easing