beggar-my-neighbour strategy

• Estrategia económica o política en la que un país intenta mejorar su posición económica a costa de otros, a menudo mediante aranceles, devaluación monetaria o barreras comerciales. El término proviene de un juego de cartas cuyo objetivo es quedarse con todas las cartas del adversario.

An economic or political strategy where a country attempts to improve its own economic position at the expense of other countries, often through tariffs, currency devaluation, or trade barriers. The term originates from a card game where the goal is to take all of an opponent's cards.

1. Economic policyC1formal

   A set of policies aimed at benefiting one's own country at the expense of others, often through tariffs, currency devaluation, or trade barriers.

   estrategia de empobrecimiento del vecino

   • The government's beggar-my-neighbour strategy led to a trade war.
   • Historically, such beggar-my-neighbour policies worsened the Great Depression.
   • The country adopted a beggar-my-neighbour strategy by devaluing its currency.