liberalization practices
[ˌlɪbərələˈzeɪʃən ˈpræktɪsɪz]
noun phrasefeminine (practices)pl: liberalization practices
práticas de liberalização
1. Policies and procedures aimed at reducing government restrictions, regulations, or protectionist measures in economic, trade, or social sectors to promote free market competition and individual freedoms
The country implemented liberalization practices to open its markets to foreign investment.
O país implementou práticas de liberalização para abrir seus mercados ao investimento estrangeiro.
2. Systematic actions taken to deregulate industries, reduce tariffs, or remove barriers to trade and commerce
Liberalization practices in telecommunications have increased competition and lowered consumer costs.
As práticas de liberalização nas telecomunicações aumentaram a concorrência e reduziram os custos para o consumidor.
3. Measures designed to promote greater economic freedom and reduce state intervention in market operations
Brazil's liberalization practices during the 1990s transformed its economic landscape.
As práticas de liberalização do Brasil durante os anos 1990 transformaram seu cenário econômico.
Liberalization practices have been central to Brazil's economic policy since the 1990s, particularly following the Real Plan and trade agreements like MERCOSUR. The term is widely used in Brazilian political and economic discourse to describe efforts to modernize the economy and increase competitiveness. In the USA, similar concepts are discussed in terms of 'deregulation' and 'market-friendly policies,' often with partisan political connotations.
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