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By the end of the 19th century, liberal democracy was no longer only a liberal idea, but an idea supported by many different ideologies. After World War I and especially after World War II, liberal democracy achieved a dominant position among theories of government and is now endorsed by the vast majority of the political spectrum. [citation ...
Canada: Liberal refers mainly to the policies and ideas of the Liberal Party of Canada/French: Parti Libéral du Canada (member LI), the most frequent governing party of Canada for the last century and one of the most successful liberal parties in the world. The Liberal Party of Canada has generally adhered to modern liberalism, supporting a ...
In its initial formation, economic liberalism was focused on promoting the idea of private ownership and trade; however, due to a growing awareness of concerns regarding policy, the rise of economic liberalism paved the way for a new form of liberalism, known as social liberalism. This promoted an accommodation for government intervention in ...
After World War II, many countries adopted policies of economic liberalization in order to stimulate their economies.. The period directly after the war did not see many, the most notable exception being West Germany's reforms of 1948, which set the stage for the Wirtschaftswunder in the 1950s and helped inform many of the liberalisations that were to come.
The debate about liberal international order has grown especially prominent in International Relations. [38] Daniel Deudney and John Ikenberry list five components of this international order: security co-binding, in which great powers demonstrate restraint; the open nature of US hegemony and the dominance of reciprocal transnational relations; the presence of self-limiting powers like Germany ...
In The Spirit of Democracy, Larry Diamond argues that by 1974 "dictatorship, not democracy, was the way of the world" and that "barely a quarter of independent states chose their governments through competitive, free, and fair elections". Diamond says that democracy bounced back, and by 1995 the world was "predominantly democratic".
After a period of sustained expansion throughout the 20th century, liberal democracy became the predominant political system in the world. A liberal democracy may take various constitutional forms: it may be a republic, such as Estonia, Ireland, Germany, and Greece; or a constitutional monarchy, such as the United Kingdom, Japan or Spain.
Economic liberalization, or economic liberalisation, is the lessening of government regulations and restrictions in an economy in exchange for greater participation by private entities. In politics, the doctrine is associated with classical liberalism and neoliberalism .