Economic Reform
/ɪˈkɒnəˌmɪk rɪˈfɔrm/
Definitions
- (n.) The process of implementing changes to a country's economic policies and regulations to improve efficiency, growth, and fiscal health, often involving deregulation, privatization, or tax reform.
The government announced an economic reform to attract foreign investment and boost the national economy.
Forms
- economic reforms
Related terms
See also
Commentary
Economic reform in legal contexts often involves statutory changes or policy shifts affecting economic regulation and governance; drafters should specify the scope and legal instruments involved.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.