Liberalization Policies

Liberalization policies refer to government efforts to reduce restrictions on economic activities, such as trade, investment, and business operations. By easing rules and lowering tariffs, these policies aim to encourage competition, attract foreign investment, and boost economic growth. Essentially, liberalization creates a more open and flexible environment for businesses to operate across borders, fostering innovation and efficiency. While it can lead to economic benefits, it also requires careful management to address potential social and environmental impacts. Overall, liberalization promotes a freer flow of goods, services, and capital within and between countries.