beggar-thy-neighbour

English - English

Definition of beggar-thy-neighbour in English English dictionary

Related Terms

beggar-thy-neighbor

An economic policy that favors domestic interests at greater total cost to the economies of trading partners

beggar-thy-neighbor

(Ekonomi) An international trade policy of competitive devaluations and increased protective barriers that one country institutes to gain at the expense of its trading partners

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

beggar-thy-neighbor

When a country purposefully devalues its currency, or encourages its currency's depreciation on foreign exchange markets in order to make products produced in the country cheaper in foreign countries -- thereby increasing sales