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English definition of “liberalization”

liberalization

noun [U] (Uk also liberalisation)     /ˌlɪbərəlɪˈzeɪʃən/ /-rəl-/ US   /-ɚ-/
the act of allowing more freedom in laws , systems , or opinions : economic/market/trade liberalization He is a longtime proponent of his country's economic liberalisation.
(Definition of liberalization noun from the Cambridge Business English Dictionary © Cambridge University Press)
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