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liberalisation

/ˌlɪbərəlaɪˈzeɪʃən/

Translations

liberalisationnoun

liberalisations

The government announced a plan for the liberalisation of trade.

Правительство объявило план по либерализации торговли.

Synonyms

opening up

liberalisationadjective

/ˌlɪbərəlaɪˈzeɪʃən/

Attributive use of the noun, e.g. "liberalisation reforms".

Synonyms

liberalisationnoun

The process of eliminating or reducing government regulations or restrictions in an economy to encourage the free operation of market forces.

The liberalisation of trade policies has led to increased competition and innovation in the industry.

The act of making laws, systems, or opinions less strict.

The liberalisation of social norms has allowed for greater freedom of expression in the media.

liberalisationadjective

Relating to or associated with the process of liberalisation; used before another noun.

The government introduced liberalisation measures to open up the market.