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Liberalization ( Latin libertas 'freedom' or liberalis 'free' , 'generous') means the dismantling of state or social interventions and regulations .

to form

Political Liberalization

The dismantling of repressive functions of the state is called political liberalization; often used in the context of minority protection , human rights , bans and the conversion or weakening of punitive measures.

Economic liberalization

The concept of liberalization in the economic context was taken up again by the OECD after the Second World War . Initially, liberalization only expressed the dismantling of quantitative trade restrictions, primarily in what was then the European Economic Community (EEC). Today the term generally stands for deregulation and privatization , for example for the liberalization of the energy markets or the telecommunications market .

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