Liberalisation (Noun)
Meaning
The act of making less strict.
Classification
Nouns denoting acts or actions.
Examples
- The country underwent economic liberalisation in the 1990s, opening up to foreign investment and trade.
- The telecommunications sector is currently undergoing a liberalisation process to encourage more private operators.
- Trade liberalisation policies allowed small and medium enterprises to enter the international market.
- Education reform is bringing liberalisation of strict entrance exams for college applicants.
- Aviation authorities relaxed strict air travel rules allowing greater air transport liberalisation to domestic markets.