marketization
- noun
- /ˌmɑrkɪtəˈzeɪʃən/
- Specialized
- The marketization of public services has led to increased competition and improved efficiency.
- marketization and privatization
- marketization and democratization
- marketization of the economy
Examples
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In many countries, the marketization of education has resulted in more options for students and parents.
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Policies aimed at marketization often emphasize private ownership as a way to stimulate economic growth.
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The relationship between efficiency and equality is a central issue in marketization.
Academic text (1997) -
After all, one must remember that, to begin with, globalization is about the increasing "marketization" of the world.
Academic text (2008) -
For example, the goals of marketization and sustainable development are contradictory at times.
Academic text (1997) -
For instance, ownership reforms may ultimately be a decisive step in marketization.
Academic text (1997) -
Global economic integration and the increasing "marketization" of society accentuate this role even further.
Academic text (2008) -
In the former centrally planned economies, however, marketization was also a political process.
Academic text (1997) -
Eventually, Liberal electoral successes and Conservative losses gave increased weight to the marketization strategy.
Academic text (1996) -
Meanwhile, measures providing for the marketization of public enterprises, including extensive deregulation, are being pursued.
Academic text (1992)
Synonyms
Selling a public company or service to private owners
Making something into a product or service to sell and earn money
To make ideas, services, or relationships into things people can buy
A process in which the government sells a business or service to private owners
Antonyms
How Market-Oriented
- Formal
- Specialized
- Specialized
- Specialized
Surface Forms
Morphology
marketization = marketize (transparent) = market + ize + ation
The verb 'marketize' is a straightforward formation from 'market' + '-ize', and 'marketization' is the regular noun-forming suffix '-ation' denoting the process.
Etymology
Marketization comes from the simple word market, a place to 'buy and sell', plus the endings -ize meaning 'to make' and -ation meaning 'the process'. So marketization is the process of 'making' something part of a market or making it available for sale.