Equity Emerging Markets Liberalization required, increase, decrease, government, one

Iginla2010

I am confused.

Schweser book 3, 211

"Equity prices increase when a government [announces a credible liberalization policy]....."

213

...After liberalization, stock returns decline as, due to reduced capital costs(required returns)


These seem to have one saying stock prices increase and one saying they decrease....

any clarification?