Beggar-my-neighbor Policy Instant

Provides immediate protection for struggling domestic industries . Can temporarily boost employment in specific sectors .

These policies typically involve manipulating trade or currency to give domestic industries an unfair advantage : beggar-my-neighbor policy

Providing government funds to domestic firms so they can undercut international competitors. Historical Context beggar-my-neighbor policy

The phrase was likely coined by writer O. Henry in 1904, though it is based on an older card game of the same name . beggar-my-neighbor policy

Artificially lowering a currency's value to make exports cheaper for foreigners and imports more expensive for locals.