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Tags: economy
Categories: Economics & Finance
Liberalization, or liberalisation, refers to a relaxation of previous government restrictions, usually in areas of social or economic policy.
In some contexts this process or concept is often, but not always, referred to as deregulation
The term is used to refer to economic liberalization, especially trade liberalization or capital market liberalization.
(read more: http://en.wikipedia.org/wiki/Liberalization)
Synonyms:
liberalisation
