What does Beggar-Thy-Neighbor Policy mean?
An economic policy through which one country attempts to remedy its economic problems by means that tend to worsen the economic problems of other countries.
Imposing high tariffs is often seen as a beggar-thy-neighbor policy because it benefits the domestic economy at the expense of foreign countries.
Beggar-Thy-Neighbor Policy in German, French, Spanish and Italian
GermanBeggar-thy-Neighbor-Politik
Wirtschaftspolitik, die Probleme auf Kosten anderer Länder löst.
FrenchPolitique de beggar-thy-neighbor
also Politique du voisin appauvri
Politique visant à améliorer sa situation économique au détriment des autres.
SpanishPolítica de empobrecer al vecino
Estrategia económica que busca el beneficio propio perjudicando a otros países.
ItalianPolitica 'beggar-thy-neighbor'
Politica volta a risolvere problemi interni a scapito delle altre economie.
Synonyms and opposites for Beggar-Thy-Neighbor Policy
- Synonym Mercantilist policy
- Opposite Cooperative policy