Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- adjective pejorative, economics, trade An economic policy that favors domestic interests at greater total cost to the economies of trading partners.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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This is why export models are known as beggar-thy-neighbor models, and it is why Germany has a moral obligation to help bail out nations like Greece, Italy, and Spain.
Jeff Madrick: The 10 Worst Economic Ideas of 2011 Jeff Madrick 2011
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Competitive devaluation engineered through low interest rates has become the preferred form of beggar-thy-neighbor policies in the 21st century.
Why Easier Money Won't Work Joseph Stiglitz 2010
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Canadian Finance Minister James Flaherty told reporters that the global economy would be the loser if nations followed "beggar-thy-neighbor" currency policies where one country tries to get an advantage over another by lowering its currency, making its exports cheaper.
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Canadian Finance Minister James Flaherty told reporters that the global economy would be the loser if nations followed "beggar-thy-neighbor" currency policies where one country tries to get an advantage over another by lowering its currency, making its exports cheaper.
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Canadian Finance Minister James Flaherty told reporters that the global economy would be the loser if nations followed "beggar-thy-neighbor" currency policies where one country tries to get an advantage over another by lowering its currency, making its exports cheaper.
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Capital has been fleeing dollar-denominated assets for months because investors believe that the Fed and Treasury are at best agnostic about dollar devaluation, at worst playing beggar-thy-neighbor to boost U.S. exports and force China to revalue its currency.
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And yet, we know that beggar-thy-neighbor policies do not work.
Dominique Strauss-Kahn: Weekend in Washington: Cooperating Our Way Out of Crisis Dominique Strauss-Kahn 2010
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If we want to avoid the sort of destructive, beggar-thy-neighbor trade wars that contributed to bringing down the world economy in the 1930s, we have to draw the right lessons from this chapter of our history.
Goodbye, Free Trade? Douglas A. Irwin 2010
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A return to the beggar-thy-neighbor nationalist politics of the 1930s would truly be a disaster.
Globalization Has Role In This Double Whammy Simon Nixon 2011
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Moreover, unlike trade restrictions, currency depreciation was not a beggar-thy-neighbor policy.
Goodbye, Free Trade? Douglas A. Irwin 2010
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