liberalization

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.

See also : Liberalism

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 .

See also : economic liberalism

Web links

• Martin Höpner, Alexander Petring, Daniel Seikel, Benjamin Werner: Liberalization Policy: An inventory of two and a half decades of market-creating policy in developed industrial countries. (PDF file; 1.2 MB) MPIfG Discussion Paper 09/7.