The term 'Big Bang' refers to the view that reforms should be carried out as rapidly as possible, contrasting with gradualism. It also refers to the major change to trading practice on the London Stock Exchange in 1986.
An in-depth analysis of the Blair House Agreement concluded between the European Community (EC) and the United States in November 1992 to liberalize international trade in agricultural products and reduce subsidized food exports.
Explore the historical context, types, key events, and the profound impact of liberalized economies, encompassing changes in government policies, trade, and market dynamics.
An in-depth exploration of the Licence Raj, a system of regulations governing the private sector in India implemented by the 1951 Industries (Development and Regulation) Act, and its eventual dismantling during economic liberalization reforms.
