liberalization

Definitions

The removal or loosening of restrictions on something, typically an economic or political system.

The process of making policies or laws less strict or more tolerant.

Examples

The government's policy of trade liberalization has significantly boosted the country's export market.

Economic liberalization in the late twentieth century led to a rapid increase in foreign investment.

Synonyms

deregulation opening up freeing up relaxation of controls market expansion

Antonyms

regulation restriction protectionism tightening of controls government intervention