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What do you mean by liberalization discuss the process of liberalization?
Wiki User
∙ 11y ago
Liberalization is one of three focal points (the others being privatization and stabilization) of the Washington Consensus's trinity strategy for economies in transition. An example of Liberalization is the "Washington Consensus" which was a set of policies created and used by Argentina
Wiki User
∙ 11y ago
Liberalization refers to the relaxation of government regulations and restrictions on economic activities. The process of liberalization typically involves reducing trade barriers, deregulating industries, and promoting competition. It aims to stimulate economic growth, attract foreign investment, and improve efficiency by allowing markets to operate more freely.
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