beggar-my-neighbour policy

1. For the rest of the world, that would be a beggar-my-neighbour policy, impossible to tolerate in hard times.
   对于世界其他国家而言，这将是以邻为壑的政策，在困难时期是不能容忍的。
2. The beggar-my-neighbour policy is for countries with huge external surpluses to allow a collapse in domestic demand. They are then exporting unemployment.
   真正以邻为壑的政策是，拥有巨额外部盈余的国家任由国内需求崩溃，然后出口失业。
3. In a deep recession, this is a "beggar-my-neighbour" policy.
   在深度衰退时期，这是一种“以邻为壑”的政策。
4. Some argue that an attempt by countries with external deficits to promote export-led growth, via exchange-rate depreciation, is a beggar-my-neighbour policy.
   有些人提出，拥有外部赤字的国家通过货币贬值来促进出口主导型增长的尝试，是以邻为壑的政策。
5. Governments know that this approach is pure beggar-my-neighbour, collectively ruinous; some may even understand that the welfare-maximising policy is unilateral free trade.
   各国政府都知道，这种策略完全是以邻为壑，对各方都具有毁灭性；一些人甚至可能认为，福利最大化的政策是单边自由贸易。

noun

1. a policy of promoting oneself at the expense of others
   1. the United States has pursued a beggar-my-neighbor policy

   Synonym:    beggar-my-neighbor policybeggar-my-neighbor strategybeggar-my-neighbour strategy