thị trường hóa
Definition
- Verb:
- To marketize / to commercialize: The process of transforming an activity, service, or sector to operate according to market principles, such as supply, demand, and competition. It involves introducing market mechanisms where they previously did not exist or were limited.
- To subject to market forces: To expose an entity (e.g., a public service, a commodity) to the dynamics of a free market, often involving privatization, deregulation, and price liberalization.
Usage Examples
- Verb:
- Chính phủ đang thị trường hóa một số dịch vụ công. (The government is marketizing some public services.)
- Việc thị trường hóa giá điện có thể dẫn đến biến động giá. (The marketization of electricity prices may lead to price fluctuations.)
- Ngành giáo dục đại học đã trải qua quá trình thị trường hóa. (The higher education sector has undergone commercialization.)
Advanced Usage
- This term is often used in economic and policy contexts to describe a shift from state-controlled or planned systems to market-oriented ones.
- It can carry a neutral descriptive meaning or a critical connotation, implying excessive focus on profit.
Variants and Related Words
- Kinh tế thị trường (n): market economy.
- Việt Nam phát triển theo mô hình kinh tế thị trường. (Vietnam develops according to a market economy model.)
- Cơ chế thị trường (n): market mechanism.
- Cơ chế thị trường quyết định giá cả. (The market mechanism determines prices.)
Synonyms
- To commercialize: To manage or exploit with an emphasis on financial gain.
- To marketize: To introduce market principles into a new area.
- To privatize: To transfer from public to private ownership (a specific form of marketization).
Related Concepts
- Tự do hóa (liberalization): Often accompanies marketization, involving the reduction of state controls.
- Cổ phần hóa (equitization): A process of converting state-owned enterprises into joint-stock companies, often as part of marketization.