Liberalization

In general, liberalization refers to a relaxation of previous government restrictions, usually in areas of social or economic policy. Liberalization of autocratic regimes may precede democratization (or not, as in the case of the Prague Spring).

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In the arena of social policy it may refer to a relaxation of laws restricting for example divorce, abortion, homosexuality or drugs.

Related Topics:
Divorce - Abortion - Homosexuality - Drugs

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Most often, the term is used to refer to economic liberalization, especially trade liberalization or capital market liberalization, policies often referred to as neoliberalism.

Related Topics:
Economic liberalization - Trade liberalization - Capital market liberalization - Neoliberalism

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