what is Liberalisation, privatisation , globalisation
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This new model of economic reforms is commonly known as the LPG or Liberalisation, Privatisation and Globalisation model. ... The chain of reforms that took place with regards to business, manufacturing, and financial services industries targeted at lifting the economy of the country to a more proficient level.
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Liberalisation is the precondition for privatization and globalization.
globalisation, is the process of interaction and integration among people, companies, and governments worldwide.
Privatization can mean different things including moving something from the public sector into the private sector.
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