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Financial Liberalisation is a term describing a series of policies that aim to remove other polices that are seen to constrain the effects of free markets
Financial_liberalisation
attempts at liberalisation were made in 1966 and the early 1980s, a more thorough liberalisation was initiated in 1991. The liberalisation process was
Economic liberalisation in India
Economic_liberalisation_in_India
Provision of energy utilities by market mechanisms
Energy liberalisation refers to the liberalisation of energy markets, with specific reference to electricity generation markets, by bringing greater competition
Energy_liberalisation
Term used in financial capital
Assessing the Costs and Benefits of Financial Liberalisation". Speech delivered by Lord Adair Turner, Chairman, Financial Services Authority, United Kingdom
Financialization
1108/17506200710779549 —Bashar, Omar K. M. R., and Habibullah Khan. "Liberalisation and Growth in Bangladesh: An Empirical Investigation." The Bangladesh
Economy_of_Bangladesh
typically looked at include: Financial repression and financial liberalisation; the Political economy of development finance; Financial crises and development;
Development_finance
Relaxation of previous government restrictions
Liberalization (American English) or liberalisation (British English) is a broad term that refers to the practice of making laws, systems, or opinions
Liberalization
Period of Indian history (1757–1947)
major decline of state control over India's economy and increased financial liberalisation. Prior to deindustrialisation, the Indian economy accounted for
De-industrialisation_of_India
Pakistan began a period of economic liberalisation in the 1990s to promote and accelerate economic independence, development, and GDP growth. This policy
Economic liberalisation in Pakistan
Economic_liberalisation_in_Pakistan
Economic theory
dramatic reforms to their financial systems through liberalisation to make their economies more market-oriented (financial de-repression), making capital
Financial market theory of development
Financial_market_theory_of_development
development finance. Much of his writing is in favour of financial liberalisation and against financial repression. He gained a PhD in Economics at the LSE
Maxwell_J._Fry
Indian banking and financial services company
from the RBI to set up a bank in the Private Sector as part of its liberalisation of the Indian banking industry. Aditya Puri was appointed as its first
HDFC_Bank
various sectors, including state-owned enterprises. This move towards liberalisation was seen by some as necessary to secure much-needed funds and prevent
1991_Indian_economic_crisis
Policy advocating for fewer government regulations
Economic liberalisation in India Economic liberalisation in Myanmar Economic liberalisation in Pakistan Effects of Economic Liberalisation on Education
Economic_liberalization
Venezuela from 1953 to 1999
which Pérez's administration had lifted as part of a general financial liberalisation (unaccompanied by effective regulation, which contributed to the
Republic_of_Venezuela
Sector of the economy of the United Kingdom
twentieth century. In the 1980s the government pursued a programme of financial liberalisation. A key milestone was the set of changes to the rules of the London
Financial services in the United Kingdom
Financial_services_in_the_United_Kingdom
Economic doctrines changes in the late 1970s
Blyth for more on how the US government was persuaded to support financial liberalisation. For a useful video documentary covering this topic, especially
Post-war displacement of Keynesianism
Post-war_displacement_of_Keynesianism
locations under the banking liberalisation framework introduced by MAS. In June 2004, the QFB licence was further liberalised. QFBs are permitted to establish
List_of_banks_in_Singapore
Consequences of budgetary decisions
David. "The Lawson boom: excessive depreciation versus financial liberalisation." Financial History Review 4#1 (1997): 69–90. online Matthijs, Matthias
Lawson_Boom
ITU-D. The Indian telecom industry underwent a high rate of market liberalisation and growth since the 1990s and has now become the world's most competitive
Telecommunications_in_India
2008 edition of 1999 book by Paul Krugman
the second largest economy at the time, and a creditor nation, financial liberalisation, and deregulation in the 1980s led to deflation and a recession
The Return of Depression Economics and the Crisis of 2008
The_Return_of_Depression_Economics_and_the_Crisis_of_2008
Institute indicated four key reasons for economic success. Heterodox liberalisation and diversification Concerted strategy of nation building Strong and
Economy_of_Mauritius
Political party in Japan (2009–2014)
as tax cuts, free trade, budget cuts, anti-deflation measures, financial liberalisation, and increased government involvement in the Bank of Japan's policy-making
Your_Party_(Japan)
Money held outside its country-of-origin
beginning of the Japanese asset price bubble that saw Japan pursue financial liberalisation and internalisation. During the 1990s, interest rates in Japan
Eurocurrency
international activities of UK-based financial institutions, through business events in the UK and worldwide. Through its Liberalisation of Trade In Services (LOTIS[permanent
International Financial Services London
International_Financial_Services_London
Country in the Caribbean
hospital, and they believed he had been poisoned. In 1831, reflecting a liberalisation of official British racial attitudes, the Brown Privilege Bill conferred
Dominica
Multi-year debt crisis in multiple EU countries, 2009–2010
risen to 188% in 2013. The Financial Times special report on the future of the European Union argues that the liberalisation of labour markets has allowed
Euro_area_crisis
Soft drink brand in India
until the advent of the foreign players Pepsi and Coca-Cola after the liberalisation policy of the P. V. Narasimha Rao government in 1991. Campa Cola was
Campa_Cola
Australian academic economist
Some reforms were frequently contested with Treasury including financial liberalisation supported by the Reserve Bank (eg floating), but which was eventually
Michael_G._Porter
Highest point of an interest rate
ceiling for banks and other financial institutions. The issue originally came to the fore during the financial liberalisations of the 1990s and again as
Interest_rate_ceiling
Head of state
Group 'A'. A financial bill can be introduced in the parliament only with the president's recommendation. The president lays the Annual Financial Statement
President_of_India
hypothesis. With Anthony Murphy, he showed how housing markets and financial liberalisation increased borrowing against home equity, making consumption highly
John_Muellbauer
Belgian economist and university teacher (1921–2014)
Inter alia more countries opening their capital markets : the financial liberalisation gives cause for concern (undercapitalised banks). Econometrics:
Marcel_van_Meerhaeghe
a government restructuring program to respond to increased economic liberalisation and improve public services. By 2004, Tajikistan was developing market
Effects of economic liberalisation on education in Tajikistan
Effects_of_economic_liberalisation_on_education_in_Tajikistan
literary criticism, novellas, and novels. In the wake of China's financial liberalisation, People's Literature shifted in 1999 from a state-funded magazine
People's_Literature
Financial institution and UN specialized agency
The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations, headquartered in Washington
International_Monetary_Fund
Process of removing or reducing state regulations
is argued by some to be "crucial to realise the benefits of service liberalisation". Critics of deregulation often cite the need for regulation in order
Deregulation
balance of payments crisis in 1991 led to the adoption of broad economic liberalisation in India and indicative planning. Nearly 70% of India's GDP is driven
Economy_of_India
Central bank in Myanmar
position. CBM has liberalised the financial organisations for competition, efficiency and integration into the regional financial system. As of the end
Central_Bank_of_Myanmar
income inequality included: encouraging more saving and investment; a liberalisation of product-market regulation; easier access to credit for small businesses;
Economy_of_South_Africa
Indian government committees on the banking system
of economic liberalisation under the chairmanship of M. Narasimham. The first Committee, officially known as the Committee on Financial System (CFS)
Narasimham_Committee
Society becoming more democratic
focuses on the movement of money across borders of countries, different financial instruments, and the corresponding restrictions. In the past, there have
Democratization
Transferring something from the public sphere to the private
Dominik Sobczak; Elke Loeffler; Frankie Hine-hughes (10 November 2012). Liberalisation and privatisation in the EU. Publications Office of the European Union
Privatization
Prime Minister of India from 1991 to 1996
prime minister. He is known for his role in initiating India's economic liberalisation following an economic crisis in 1991, a process that has been sustained
P._V._Narasimha_Rao
British multinational professional services and accounting company
the name of BSR & Co, an auditing firm KPMG purchased after the 1992 liberalisation of the Indian economy. During March 2022, in response to the Russian
KPMG
Indian public sector life insurer
12,207.25 crore dividend to the centre. The same was presented to the Financial Minister of the Country, Nirmala Sitharaman. The Oriental Life Insurance
Life_Insurance_Corporation
Security on Myanmar". Journal of International Affairs. 67 (2): 55. Bland, Ben. "Western investors target Burma". Financial Times. Retrieved 3 October 2014.
Economic liberalization in Myanmar
Economic_liberalization_in_Myanmar
Indian financial services company
Ahmedabad. Jain is among the few successful entrepreneurs post the economic liberalisation era in India ushered by PV Narasimha Rao. Jain was previously employed
India_Infoline
Indian stock exchange in Mumbai
exceeding $5 trillion in May 2024. NSE is under the ownership of various financial institutions such as banks and insurance companies. As of 2024, it is
National Stock Exchange of India
National_Stock_Exchange_of_India
EU assessment of third country financial regulations
equivalence decision is not to liberalise international trade in financial services, but a cross-border instrument to manage financial activity of market players
Equivalence in financial services
Equivalence_in_financial_services
Multinational energy company based in Italy
transformed into a limited company in 1992. In 1999, following the liberalisation of the electricity market in Italy, Enel was privatised. The Italian
Enel
a long margin India's most productive well. The process of economic liberalisation in India began in 1991 when India defaulted on her loans and asked for
History of the oil industry in India
History_of_the_oil_industry_in_India
Ongoing accession process of Montenegro to the EU
agreements on visa liberalisation and readmission. On 1 January 2008, the Interim Agreement on trade and related issues, the Visa Liberalisation Agreement, and
Accession of Montenegro to the European Union
Accession_of_Montenegro_to_the_European_Union
Indian businessman (born 1962)
dealt in agricultural and power commodities. In 1991, the economic liberalisation policies turned out to be favourable for his company and he started
Gautam_Adani
Sudden release of price and currency controls
attempts at liberalisation were made in 1966 and the early 1980s, a more thorough liberalisation was initiated in 1991. The liberalisation process was
Shock_therapy_(economics)
under P. V. Narasimha Rao, whose government initiated sweeping economic liberalisation amidst a severe balance of payments crisis. The Congress lost the 1996
Democracy_in_India
Financial services Banking Insurance Multi Commodity Exchange Bullion BSE NSE India INX History COVID-19 impact Economic development Liberalisation Licence
Pornography_in_India
marked by financial crises. [citation needed] From the early 1980s onwards, the Australian economy has undergone intermittent economic liberalisation. In 1983
Economy_of_Australia
attributed to high corruption levels and the slow pace of economic liberalisation and institutional reform. The nation was in an economic depression during
Economy_of_Ukraine
Mediterranean island country
privatised some state-controlled firms and liberalised markets. Malta has a financial regulator, the Malta Financial Services Authority (MFSA), with a business
Malta
"Shipbuilding". www.gov.scot. Retrieved 22 June 2025. "A survey of the liberalisation of public enterprises in the UK since 1979" (PDF). Retrieved 8 February
Economy_of_Scotland
British businessman
British Gas since market liberalisation in the 1990s. By 2024, Octopus Energy Group had raised over $2.3bn in funding. The Financial Times reported in 2023
Greg_Jackson_(businessman)
Country in South Asia
adopted in 1950 and established a secular, democratic republic. Economic liberalisation has created a large urban middle class and transformed India into a
India
Intergovernmental forum of Southeast Asian nations
from 1 January 2009, full liberalisation of air freight services in the region took effect. On 1 January 2011, full liberalisation on fifth freedom traffic
ASEAN
Canadian-British writer (born 1971)
as co-editor of the blog Boing Boing. He is an activist in favour of liberalising copyright laws and a proponent of the Creative Commons organisation,
Cory_Doctorow
13th Chief Minister of Andhra Pradesh (born 1950)
nine-and-a-half-year tenure from 1995 to 2004. He was a strong supporter of liberalisation policies at the state level and was hailed by the western media as "one
N._Chandrababu_Naidu
Foreign exchange reserves of various countries
only had $5 billion of reserves left which led to subsequent economic liberalisation. Since then the reserves have seen a 127 times increase over 30 years
List of countries by foreign exchange reserves
List_of_countries_by_foreign_exchange_reserves
List of all government-owned banks in India
respectively. They were created to serve rural areas with basic banking and financial services. However, RRBs also have urban branches. Andhra Pradesh Andhra
Public_sector_banks_in_India
organisations were holding back financial assistance and announced its intention to move toward fuller price liberalisation, and the removal of all tariffs
Economy_of_Armenia
Attempt at economic liberalisation and integration in ASEAN
Growth Triangle (IMT-GT) started as an early attempt at economic liberalisation & integration in ASEAN. It was formally endorsed by Indonesia's President
Indonesia–Malaysia–Thailand Growth Triangle
Indonesia–Malaysia–Thailand_Growth_Triangle
1933–1974 authoritarian regime in Portugal
long-term economic development. Salazar's postwar policy allowed some liberalisation in politics, in terms of organised opposition with more freedom of the
Estado_Novo_(Portugal)
Indian spaceflight company
Financial services Banking Insurance Multi Commodity Exchange Bullion BSE NSE India INX History COVID-19 impact Economic development Liberalisation Licence
Skyroot_Aerospace
Island country in the Pacific Ocean
Easton, Brian (November 2010). "Economic history – Government and market liberalisation". Te Ara: The Encyclopedia of New Zealand. Archived from the original
New_Zealand
Central bank of India
property market and a new financial law improved the versatility of direct deposit by more security measures and liberalisation. The national economy contracted
Reserve_Bank_of_India
Indian consumer goods company
restricted prior to the 1991 economic liberalisation. Marico decided to try to sell products in that market after liberalisation, but found out that the Arab customers
Marico
Type of corporate entity originating in Britain
registration system under the Financial Services Act 2012 which splits the Financial Services Authority into the Financial Conduct Authority (FCA) and the
Industrial and provident society
Industrial_and_provident_society
2016 book by Josy Joseph
defaulting billionaires : Josy Joseph". The Financial Express. 2016-08-12. Retrieved 2016-11-09. "'Liberalisation has given a fillip to middlemen and they've
A_Feast_of_Vultures
Myanmar began liberalisation of its telecommunications market in 2013. Previously, Myanma Post and Telecommunication (MPT) had a monopoly in the country
Telecommunications_in_Myanmar
liberalisation of FDI in multi-brand retail) are determined by the government. In addition, there are tight connections between the liberalisation of
Financial Sector Legislative Reforms Commission
Financial_Sector_Legislative_Reforms_Commission
President of Pakistan from 2001 to 2008
moderation program; and on economic front, the privatisation and economic liberalisation was aggressively pursued though the Aziz's premiership that sharply
Pervez_Musharraf
Global conflict from 1939 to 1945
the mid-1948 currency reform in West Germany, and was sped up by the liberalisation of European economic policy that the US Marshall Plan economic aid (1948–1951)
World_War_II
1975–1977 state of emergency in India under Prime Minister Indira Gandhi
of the Indian Express on 28 June, carried a blank editorial, while the Financial Express reproduced in large type Rabindranath Tagore's poem "Where the
The_Emergency_(India)
Country in Central Europe
Romania and People's Socialist Republic of Albania), ending a period of liberalisation under the leadership of Alexander Dubček. 137 Czechoslovak civilians
Slovakia
Economic law of the European Union
ends in themselves, while "free competition" is merely a means. The EU liberalisation programme entails a broadening of sector regulation, and extending competition
European Union competition law
European_Union_competition_law
Ongoing accession process of Kosovo to the EU
Kosovo launched a visa liberalisation dialogue on 19 January 2012. On 14 June 2012, Kosovo received a roadmap for visa liberalisation with the EU, detailing
Accession of Kosovo to the European Union
Accession_of_Kosovo_to_the_European_Union
1895–1947 military force
Financial services Banking Insurance Multi Commodity Exchange Bullion BSE NSE India INX History COVID-19 impact Economic development Liberalisation Licence
British_Indian_Army
Country in Oceania
with Japan. Australia has pursued the cause of international trade liberalisation. It led the formation of the Cairns Group and Asia-Pacific Economic
Australia
disinvestment of government owned production units (a continuation of India's liberalisation policies ) had been on track. The Foreign Exchange Reserves of India
2004_Indian_general_election
Indian stock market index
economy, the index serves as a reference for investors, fund managers, and financial analysts when evaluating market trends and portfolio performance. The
NIFTY_50
Ongoing accession process of Albania to the EU
into force. Albania received a road map from the EU for further visa liberalisation with Schengen countries in June 2008. Albania started issuing biometric
Accession of Albania to the European Union
Accession_of_Albania_to_the_European_Union
2021 Indian film by Kookie Gulati
while the country was undergoing major changes in its economy (Economic liberalisation in India). Abhishek Bachchan as Hemant Shah (based on Harshad Mehta)
The_Big_Bull
Bailout package for Greece, signed in 2012
package or the second memorandum, is a memorandum of understanding on financial assistance to the Hellenic Republic in order to cope with the Greek government-debt
Second Economic Adjustment Programme for Greece
Second_Economic_Adjustment_Programme_for_Greece
civil war slowed economic growth,[citation needed] diversification and liberalisation, and the political group Janatha Vimukthi Peramuna (JVP) uprisings,
Economy_of_Sri_Lanka
Ethnolinguistic groups in South Asia
Financial services Banking Insurance Multi Commodity Exchange Bullion BSE NSE India INX History COVID-19 impact Economic development Liberalisation Licence
Indo-Aryan_peoples
Second-highest constitutional office in India
Financial services Banking Insurance Multi Commodity Exchange Bullion BSE NSE India INX History COVID-19 impact Economic development Liberalisation Licence
Vice_President_of_India
Nigerian businessman (born 1962)
profit in 2012. In 2013, as part of the Federal Government's push to liberalise Nigeria's ailing power sector, Otedola financed 57% of Forte Oil subsidiary
Femi_Otedola
Association football club in England
English footballing public". Busby's team also became associated with the liberalisation of Western society during the 1960s; George Best, known as the "Fifth
Manchester_United_F.C.
Distribution of income or wealth between different groups
increased wages. Trade economist Paul Krugman estimates that trade liberalisation has had a measurable effect on the rising inequality in the United States
Economic_inequality
Airline of India (1953–2011)
reintegrated. By 1988, Airbus A320-200s were introduced. The economic liberalisation process initiated by the Government of India in the early 1990s ended
Indian_Airlines
Country in Southern and Western Europe
transition to democracy in the late 1970s, Spain has generally sought to liberalise its economy and deepen regional and international integration. It joined
Spain
travel, tourism, insurance
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
Surname or Lastname
English
English : probably a nickname for a showy dresser, from Middle English pe ‘peacock’ (see Peacock) + body ‘body’, ‘person’.The prominent financier and philanthropist George Peabody was born 1795 in South Danvers, now Peabody, MA. His first ancestor in America was Francis Peabody, who emigrated from England in 1635 and settled at Topsfield, MA.
Surname or Lastname
English (Bristol, Gwent)
English (Bristol, Gwent) : from Middle English tresor ‘treasure’, ‘wealth’, ‘riches’ (Old French trésor, from Latin thesaurus ‘hoard’), hence a metonymic occupational name for a treasurer or person in charge of financial administration, or an affectionate nickname for a loved or valued person.
Surname or Lastname
Northern Irish
Northern Irish : shortened Anglicized form of Gaelic Ó Mealláin ‘descendant of Meallán’, a personal name that is a diminutive of meall ‘pleasant’.English (of Norman origin) : habitational name from Meulan in Seine-et-Oise.Dutch (van Mellon) : habitational name from Millun bij Keulen.Thomas and Sarah Jane Mellon came to Pittsburgh, PA, from Lower Castletown, Tyrone, Ireland, in 1818. Their grandson, the industrialist and financier Andrew William Mellon (1855–1937) is remembered not only as a businessman but also as an art collector. He served as secretary of the Treasury from 1921 to 1932.
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
FINANCIAL LIBERALISATION
travel, tourism, insurance