beggar-thy-neighbor

beggar-thy-neighbor
An economic policy that favors domestic interests at greater total cost to the economies of trading partners.

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  • beggar-thy-neighbor — noun uncount AMERICAN a card game in which one player tries to win all the cards of the other player. British beggar my neighbour …   Usage of the words and phrases in modern English

  • Beggar-Thy-Neighbor — An international trading policy that utilizes currency devaluations and protective barriers to alleviate a nation s economic difficulties at the expense of other countries. While the policy may help repair an economic hardship in the nation, it… …   Investment dictionary

  • beggar-thy-neighbor — adjective Date: 1969 relating to or being an action or policy that produces gains for one group at the expense of another < followed beggar thy neighbor policies in imposing taxes > …   New Collegiate Dictionary

  • Beggar-thy-neighbor — An international trade policy of competitive devaluations and increased protective barriers where one country seeks to gain at the expense of its trading partners. The New York Times Financial Glossary …   Financial and business terms

  • beggar-thy-neighbor — An international trade policy of competitive devaluations and increased protective barriers that one country institutes to gain at the expense of its trading partners. Bloomberg Financial Dictionary …   Financial and business terms

  • Beggar-thy-neighbor devaluation — A devaluation that is designed to cheapen a nation s currency and thereby increase its exports at other countries expense and reduce imports. Such devaluations often lead to trade wars. The New York Times Financial Glossary …   Financial and business terms

  • beggar-thy-neighbor devaluation — A devaluation that is designed to cheapen a nation s currency and thereby increase its exports at the expense of other countries. devaluation can also reduce a nation s imports. Such devaluations often lead to trade wars. Bloomberg Financial… …   Financial and business terms

  • beggar-my-neighbour — adjective Date: 1943 chiefly British beggar thy neighbor …   New Collegiate Dictionary

  • Bretton Woods system — The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world s major industrial states. The Bretton Woods system was the first example of a fully negotiated monetary order intended… …   Wikipedia

  • Balkanization — [ Yugoslavia.] Balkanization is a geopolitical term originally used to describe the process of fragmentation or division of a region or state into smaller regions or states that are often hostile or non cooperative with each other. [… …   Wikipedia

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