liberalisation

/ˌlɪbərəlaɪˈzeɪʃən/
noun
  1. The process of making rules or controls less strict, especially in politics or economics.
    • The liberalisation of trade led to more imports and exports.
    • Economic liberalisation in the 1990s opened the country to foreign investment.
    • The government's liberalisation of media laws allowed new TV stations to start.
Antonyms
What does "liberalisation" mean? | whatsthatwordmean | whatsthatwordmean