liberalisation definition
liberalisation means a process as a result of which an entity enjoys no exclusive or special rights and is exclusively engaged in the provision of goods or services on markets that are subject to effective competition;
liberalisation means liberati ng the economy from government control, on the presumption that by themselves the free forces of the deregulated market can bring about growth, and that will benefit all somehow, through various channels.
liberalisation under GATS rules means that WTO country governments are restricted in selecting which financial operators they want in their territory and how they may regulate foreign financial operators and products. Unless explicit exemptions were taken at the time of negotiation, WTO member governments cannot limit the size or the volume of the transactions of the foreign
More Definitions of liberalisation
liberalisation means a process as a result of which an entity enjoys no exclusive or special rights and is exclusively engaged in the provision of goods or services on markets that are subject to effective competition.
1. Each Party shall ensure that the procurement of its entities covered by this Title takes place in a transparent, reasonable and non-discriminatory manner, treating any supplier of either Party equally and ensuring the principle of open and effective competition.
2. With respect to any laws, regulations, procedures and practices regarding government procurement covered by this Title, each Party shall grant the goods, services and suppliers of the other Party a treatment no less favourable than that accorded by it to domestic goods, services and suppliers.
3. With respect to any laws, regulations, procedures and practices regarding government procurement covered by this Title, each Party shall ensure:
(a) that its entities do not treat a locally-established supplier less favourably than another locally-established supplier on the basis of the degree of foreign affiliation to, or ownership by, a person of the other Party; and
(b) that its entities do not discriminate against a locally-established supplier on the basis that the goods or services offered by that supplier for a particular procurement are goods or services of the other Party.
4. This Article shall not apply to measures concerning customs duties or other charges of any kind imposed on or in connection with importation, the method of levying such duties and charges, other import regulations, including restrictions and formalities, nor to measures affecting trade in services other than measures specifically governing procurement covered by this Title.
1. Entities shall not split up a procurement, nor use any other method of contract valuation with the intention of evading the application of this Title when determining whether a contract is covered by the disciplines of thereof, subject to the conditions set out in Annexes XI and XII, Appendices 1 to 3.
2. In calculating the value of a contract, an entity shall take into account all forms of remuneration, such as premiums, fees, commissions and interests, as well as the maximum permitted total amount, including option clauses, provided for by the contract.
3. When, due to the nature of the contract, it is not possible to calculate in advance its precise value, entities shall estimate this value on the basis of objective criteria.
liberalisation means removal of controls and not of regulation; the latter, in fact needs further tightening up in a control-free regime. Free market does not mean free for all. Regulations, in this context mean prescribing rules of the game. Some examples are:
liberalisation in the sense of the Codes means the abolition of measures (laws, decrees, regulations, policies and practices) taken by the authorities which may restrict the conclusion or execution of transactions and transfers with respect to the operations specified in the Codes. Where liberalised operations require authorisation, authorisation shall be automatically given, subject only to the right of the authorities to restrict or regulate operations under Articles 3, 5 and 6 of the two Codes (see below). The obligation to liberalise goes beyond the requirement that the transfer of funds to and from abroad should be free from exchange control restrictions. It also requires that the underlying transactions themselves, where applicable, should not be frustrated by legal or administrative regulations.
liberalisation. As an Informing Principle of Law, Gov- ernance and Development’ in ▇. ▇▇▇▇▇▇▇▇▇▇▇ (ed.), Neo-Liberal Globalism and Social Sus- tainable Globalisation (International Studies in Sociology and Social Anthropology, vol. 100). Leiden: ▇▇▇▇▇, 149-178. Pakpahan, Muchtar (1997), Lima Tahun Memimpin SBSI: Pilihan atau Panggilan untuk Kesejahter- aan, Demokrasi, ▇▇▇ ▇▇▇▇▇ Manusia, Tegaknya Hukum, ▇▇▇ Keadilan Sosial. Jakarta: Pustaka Forum ▇▇▇▇ Sejahtera.
liberalisation essentially means allowing private corporations provide public services for profit.)
liberalisation disciplines MARKET ACCESS (Article XVI): NATIONAL TREATMENT (Article XVII) Market Access and National Treatment disciplines are: What does it mean to inscribe a service sector in a schedule of commitments? How Schedules of Commitments are structured: