Babylon 10
The world's best online dictionary

Download it's free

Definition of Economic liberalization

Economic liberalization Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
Economic liberalization is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities; the doctrine is associated with classical liberalism. Thus, liberalization in short is "the removal of controls" in order to encourage economic development. It is also closely associated with neoliberalism.

See more at
© This article uses material from Wikipedia® and is licensed under the GNU Free Documentation License and under the Creative Commons Attribution-ShareAlike License