The number of banks here exploded from 16 in 1990 to 52 last year after the government liberalized the industry.
The new governments have greatly reduced military spending and liberalized their economies.
Under legislation passed after 1983, the government liberalized and regularized the mining industry.
The government then further liberalized the cement industry by abolishing ceiling prices on June 5, 2008.
Japan has become more open to influence from other markets in part because the Government has liberalized regulations.
So the Government has been gradually liberalizing laws that severely restricted foreign investment and imports.
In the hope of reversing that trend, the Government liberalized its foreign investment regulations on May 15.
But after the black-majority government liberalized the rules in 1996, dozens of casinos opened, and a booming lottery started.
In 1991, the government liberalized most prices to combat widespread product shortages, and was successful in overcoming the problem.
The government on June 3 liberalized the prices of liquid fuels, producing price increases of between 70 and 113 per cent.