Definition of liberalization in US English:

liberalization

noun

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

    ‘the government's policy of economic liberalization’
    • ‘The liberalization process of certain religions has not occurred in a few short years.’
    • ‘This represents a milestone in the global liberalization of trade.’
    • ‘Could liberalization of drug laws reduce crime in the U.S.?’
    • ‘This is a part of an agenda to promote trade liberalization.’
    • ‘The move displayed no determination on his part to pursue political liberalization.’
    • ‘Part of the debate centres on the liberalisation of society.’
    • ‘The IMF and World Bank have been advocating financial liberalisation for developing countries.’
    • ‘1987 was a year of increasing liberalization in this respect.’
    • ‘Rapid agricultural liberalization could leave the food supply for some groups vulnerable.’
    • ‘The package reaffirms our commitment to multilateral liberalisation.’
    • ‘The bishop said any further liberalisation of the rules should be resisted.’
    • ‘Such policies contradict the principles of free trade and the process of liberalization.’
    • ‘The liberalization of attitudes and sociocultural values undoubtedly played a role in these findings.’
    • ‘It would mean an extensive liberalisation of the curriculum and help break down the invidious barrier between academic and vocational education.’
    • ‘The group supports the government's plans for the faster liberalisation of the economy.’
    • ‘Hong Kong has been at the forefront of telecom market liberalization in the region.’
    • ‘Ministers from the member states will try to agree on an agenda for a new round of global trade liberalization talks.’
    • ‘Asia has generally held a positive attitude towards trade liberalization during the crisis.’
    • ‘The liberalization of the electricity market has proceeded more slowly.’

Pronunciation

liberalization

/ˌlib(ə)rələˈzāSHən/