liberalized areas
[ˌlɪbərəˈlaɪzd ˈɛriəz]
nounpl: liberalized areas
áreas liberalizadas
1. Geographic regions or zones where government regulations and trade restrictions have been reduced or eliminated to promote free market activities and economic competition
The liberalized areas in the special economic zones attracted foreign investment.
As áreas liberalizadas nas zonas econômicas especiais atraíram investimento estrangeiro.
2. Territories designated for deregulation in specific sectors such as telecommunications, energy, or finance
Telecommunications companies expanded their services into the newly liberalized areas.
As empresas de telecomunicações expandiram seus serviços nas áreas recém-liberalizadas.
3. Regions where price controls, import restrictions, or monopolies have been removed to allow market forces to operate freely
The government created liberalized areas to boost economic growth and competition.
O governo criou áreas liberalizadas para impulsionar o crescimento econômico e a concorrência.
This term is commonly used in Brazilian and Portuguese economic policy discussions, particularly in reference to telecommunications privatization in the 1990s-2000s, privatization programs, and trade agreements. The concept reflects broader neoliberal economic reforms that have been central to Latin American and European economic policy since the 1980s.
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