What is the difference between political liberalization and economic liberalization? Please give an example from a Latin American country.

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Each of these phrases refers to the relaxation of government control. Political liberalization entails the expansion of freedoms and human rights. Liberal governments uphold basic human rights and civil liberties that include free speech, freedom of the press, and due process protections against search and seizure, arrest without cause, and...

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Each of these phrases refers to the relaxation of government control. Political liberalization entails the expansion of freedoms and human rights. Liberal governments uphold basic human rights and civil liberties that include free speech, freedom of the press, and due process protections against search and seizure, arrest without cause, and so on. As a government establishes constitutional and legal protections for these rights, it is undertaking political liberalization.

Economic liberalization refers to the process of removing government controls from the economy. These controls are generally associated with socialist governments. As an economy liberalizes, businesses that were previously owned by governments are privatized. Price controls, protective tariffs, and production quotas may also be lifted, and economic liberalization usually involves the establishment of free trade. Many countries in Latin America pursued economic liberalization in the late 1980s and early 1990s. Brazil was particularly noteworthy for privatizing many previously government-controlled businesses in order to secure investment from foreign countries.

These two trends do not always go hand-in-hand. Countries can have a high degree of economic freedom without having political freedoms. Therein lies the key difference between economic and political liberalism.

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In a sense, these are similar because they both involve having the government exert less control over their citizens.  Even so, there are differences.

Economic liberalization involves reducing government involvement in the economy.  It involves having countries do things like privatizing companies.  An example of this from Latin America is when Mexico privatized its airlines instead of having them be owned by the government.

Political liberalization involves reducing how much countries try to control their people.  It involves things like more guarantees of people's rights.  An example from Mexico might be the increased level of effective voting rights that Mexicans have had since the PRI has stopped being able to steal elections.

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