Beggar-my-neighbour Policy (Noun)
Meaning
A policy of promoting oneself at the expense of others; used especially of national policy; "the United States has pursued a beggar-my-neighbor policy".
Classification
Nouns denoting cognitive processes and contents.
Examples
- The country's decision to impose tariffs on imported goods was seen as a beggar-my-neighbour policy that would harm its trading partners.
- Critics argued that the government's economic policies were a classic example of a beggar-my-neighbour policy, benefiting the wealthy at the expense of the poor.
- The company's aggressive pricing strategy was a beggar-my-neighbour policy that undercut its competitors and gained it a larger market share.
- The politician's proposal to cut taxes and increase spending was criticized as a beggar-my-neighbour policy that would lead to a huge budget deficit.
- The country's decision to devalue its currency was seen as a beggar-my-neighbour policy that would make its exports cheaper but harm its trading partners.