Market liberalization refers to the process of opening up and loosening regulations in a market or industry. It encourages competition, removes barriers, and allows more freedom for businesses to operate. This can lead to increased efficiency, lower prices, and greater choice for consumers.
Full definition
ELECTRIFY aims to use peer to peer distributed ledger technology to leverage increasing
electricity market liberalization in Singapore and other areas of the world by offering more options to manage energy costs, as opposed to purchasing from the government at regulated tariffs.
A growing trend to promote the idea of recapturing the capitalist frontier and its lost values is more visible through the globalization and
market liberalization in the developing countries.
Transforming oil use In 2012, the government planted the seeds
of market liberalization, amending the constitution so that private and foreign investors could buy into Mexico's energy systems and wean the government off oil taxes.
Specifically, we are looking for completion of the single market for services, product market reform,
labor market liberalization and completion of fiscal and banking union.
The bodies that rule our global economy today, the G8 (the world's industrialized countries), the IMF and the World Bank (together known as the «Washington consensus») prescribe for the world a neo-classical recipe of privatization, decentralization, deregulation and
other market liberalizations, assuming that our common interests are best served by the invisible hand of the market.
Yet financing the up - front investments needed for nuclear plants is a major challenge even in industrialized countries: so far nuclear power expands only where governments facilitate private investment, a practice that is at odds with
strong market liberalization policies.
After full electricity
market liberalization went into effect, the market share of PPS companies expanded in the regions that had been monopolized by Tokyo Electric Power Company and Kansai Electric Power Company, reaching 14 percent.
The move by PBoC and the Chinese authorities to allow foreign companies into the payment space aims
at market liberalization which will, speculatively, lead to the Chinese government warming around the cryptocurrency market again.
With Yi as the governor, it's very unlikely that the ban on cryptocurrency trading will remain forever considering his strong stand
on market liberalization.
Market liberalization has slowed or even reversed, especially since Xi became Communist Party general secretary in late 2012.
Although globalization and
market liberalization have made some progress in terms of economic growth in certain countries, it has also had many negative impacts in developing societies.
The market liberalization means that Mexican power producers could more easily buy cleaner, cheaper natural gas from abroad instead of burning domestic oil.
International access to these domestic shares has been limited, but they have become more open due to
the market liberalization supported by the Chinese government.
The technology incentives are targeted to bring down the costs of emissions reductions — these would include supporting R&D, training people, standardization and certification, funding demonstrations and infrastructure, disseminating information,
market liberalization, and tax credits and subsidies to encourage adoption and suitable economies of scale.
Erdogdu, Erkan (2014): The political economy of electricity
market liberalization: a cross-country approach.
The UK would be an obvious place to start, with the huge changes taking place in the legal sector, brought about by
market liberalization.