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beggar-my-neighbour policy

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Noun1.beggar-my-neighbour policy - 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"
policy - a plan of action adopted by an individual or social group; "it was a policy of retribution"; "a politician keeps changing his policies"


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Sarkozy wants 'fair exchange rates' - in which case he will also have to try his luck on the Chinese, whose beggar-my-neighbour policy means that Europe (including the UK) is taking the strain.
 
 
 
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