0 the practice of making laws, systems, or opinions less severe: --
1 the act of allowing more freedom in laws, systems, or opinions: --
These can be mitigated if governments anchor liberalization commitments in regional agreements that supplement the multilateral process.
This transition has been accompanied by liberalization of product and financial markets and greater integration with the world economy.
Advocates of market liberalization commonly worry that democracies will eschew economically rational policies because voters cannot tolerate short-term pain on the promise of long-term gain.
Over the past few decades, there has been a heated debate over the links between political and economic liberalization.
Second, liberalization does not necessarily imply the retreat of the state's role in matters of economic governance.
Several other arguments exist which obfuscate the issue of trade liberalization of secondary materials.
Our emphasis on the impact on low-skill workers follows from concerns that these workers often are hit the hardest by trade liberalization in industrialized economies.
More importantly, trade liberalization should be observed in conjunction with governments diversifying their revenue sources.
