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 will harm the country's trading partners, worsening its economic status.

The policy name is derived from its resulting impact, making a beggar out of neighboring nations. The goal of a Beggar-Thy-Neighbor strategy is to increase the demand for your nation's exports, while reducing your reliance on imports. This is often executed by devaluing the nation's currency, which will make your exports cheaper to other nations.


Investment dictionary. . 2012.

Look at other dictionaries:

  • 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 — 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 — adjective An economic policy that favors domestic interests at greater total cost to the economies of trading partners. Syn: protectionist, mercantilist …   Wiktionary

  • 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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