An approach to economics and social studies in which control of economic factors is shifted from the public sector to the private sector. Drawing upon principles of neoclassical economics, neoliberalism suggests that governments reduce deficit spending, limit subsidies, reform tax law to broaden the tax base, remove fixed exchange rates, open up markets to trade by limiting protectionism, privatize state-run businesses, allow private property and back deregulation.
The use of the term "liberal" in economics is different from its use in politics. Liberalism in economics refers to "freeing up" the economy by removing barriers and restrictions to what actors can do. Neoliberalism's policies seek to create a laissez-faire atmosphere for economic development.
Investment dictionary. Academic. 2012.
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neoliberalism — NEOLIBERALÍSM s.n. Curent al economiei politice contemporane care susţine intervenţia limitată a statului în economie în vederea stabilirii cadrului juridic care să permită organizarea concurenţei, funcţionarea armonioasă a preţurilor etc. [pr.:… … Dicționar Român
neoliberalism — eoliberalism n. A political orientation originating in the 1960s, blending liberal political views with an emphasis on economic growth. [WordNet 1.5] … The Collaborative International Dictionary of English
Neoliberalism — For the school of international relations, see Neoliberalism in international relations. Part of the Politics series on Neoliberalism … Wikipedia
neoliberalism — noun see neoliberal … New Collegiate Dictionary
neoliberalism — neoliberal, adj., n. /nee oh lib euhr euh liz euhm, lib reuh /, n. an outgrowth of the U.S. liberal movement, beginning in the late 1960s, that modified somewhat its traditional endorsement of all trade unions and opposition to big business and… … Universalium
neoliberalism — noun A political movement that espouses economic liberalism as a means of promoting economic development and securing political liberty … Wiktionary
neoliberalism — neo·liberalism … English syllables
neoliberalism — ne•o•lib•er•al•ism [[t]ˌni oʊˈlɪb ər əˌlɪz əm, ˈlɪb rə [/t]] n. gov a moderate form of liberalism that modifies its traditional government policies, as on labor unions and taxes • Etymology: 1955–60 ne o•lib′er•al, adj. n … From formal English to slang
neoliberalism — noun a political orientation originating in the 1960s; blends liberal political views with an emphasis on economic growth • Hypernyms: ↑liberalism * * * “+ noun Etymology: International Scientific Vocabulary ne + liberalism 1. : a movement or… … Useful english dictionary
Neoliberalism (disambiguation) — Neoliberalism may refer to: Neoliberalism is a type of political and economic policy that deemphasizes or rejects government intervention in domestic economies, but favors the use of political power to open foreign nations to entry by… … Wikipedia