beggar-my-neighbor strategy

• Wirtschafts- oder handelspolitische Strategie, bei der ein Land oder Akteur versucht, sich auf Kosten anderer zu verbessern, meist durch protektionistische Maßnahmen wie Zölle, Abwertung oder Importbeschränkungen.

A competitive strategy, often used in economics or politics, where a country or entity tries to improve its own position at the expense of others, typically through tariffs, devaluation, or other protectionist measures.

1. Economic policyC1formal

   A set of policies or actions taken by a country to improve its own economy at the expense of other countries, often through tariffs, currency devaluation, or trade barriers.

   Politik des Bettlers am Nachbartisch

   • The government's beggar-my-neighbor strategy led to a trade war with its allies.
   • During the Great Depression, many countries adopted beggar-my-neighbor policies.
   • Economists warn that a beggar-my-neighbor approach can harm global economic growth.

2. Competitive tacticC2formal

   A strategy in business or competition where one party gains an advantage by directly harming or disadvantaging a rival.

   Konkurrenzstrategie des Schadens

   • The company's beggar-my-neighbor strategy involved poaching key employees from its competitor.
   • In the bidding war, the firm used a beggar-my-neighbor strategy to undercut its rival's prices.
   • Such a beggar-my-neighbor strategy may yield short-term gains but often leads to long-term losses.