... OccassionalPaper, No.22, 1983McKinnon, R. The Order of Economic Liberalization: Financial Control in the Transition to aMarket Economy, 2nd edition, The Johns Hopkins Studies in EconomicDevelopment, ... liberalization asa process involving a much broader set of measures geared toward the elimination of variousrestrictions on the financial sector, such as the removal of portfolio restrictions on the ... 1 Notes on Financial Liberalization 1E. Murat Ucer 2Financial liberalization has come to be most commonly associated with interest rateliberalization, although it comprises a much broader...