"Further liberalization" refers to the process of increasing freedom, openness, and flexibility in a particular area, such as trade or regulations. It involves reducing restrictions, barriers, and government control to encourage more competition, economic growth, and individual choices.
Full definition
On behalf of the co-sponsors of the submission, Canada claimed: «
further liberalization of financial services will help promote economic growth and improved standards of living for all WTO Members...»
Increased judicial attention in addition to continuing interest shown by government regulators, however,
encouraged further liberalization on the part of the law societies in the 1980s.
Despite rapidly changing public opinions about cannabis, the current political climate is likely to pause
any further liberalization in how leagues approach the substance.
But far more importantly, it created precedents for
the further liberalization that allowed financial institutions to circumvent both domestic financial controls and the Bretton Woods agreement.