Beggar Thy Neighbour

Beggar Thy Neighbour

In economics, a beggar-thy-neighbour policy is 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.

Read more about Beggar Thy Neighbour:  Original Application, Extended Application, Other Uses

Famous quotes containing the words beggar, thy and/or neighbour:

    The beggar gazes at her round navel
    and she at the moon, his face,
    while crows are pecking
    at her ladle
    and his begging-bowl.
    Hla Stavhana (c. 50 A.D.)

    Praise to the Lord, the Almighty, who rules all creation!
    O my soul, worship the source of thy health and salvation!
    All ye who hear, Now to God’s temple draw near;
    Join me in glad adoration!
    Joachim Neander (1650–1680)

    With close-lipp’d Patience for our only friend,
    Sad Patience, too near neighbour to Despair.
    Matthew Arnold (1822–1888)