Usually means: Transition to market-based economic system.
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We found 5 dictionaries that define the word marketization:

General (5 matching dictionaries)
  1. marketization: Merriam-Webster
  2. marketization: Oxford Learner's Dictionaries
  3. marketization: Wordnik
  4. marketization: Wiktionary
  5. Marketization: Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (marketization)

noun:  The exposure of service industries to market forces.
noun:  A restructuring process that enables state enterprises to operate as market-oriented firms by changing the legal environment in which they operate.

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