beggar-my-neighbour

The most that could be said is that beggar-my-neighbour policies eventually added to the problems caused by ill-conceived monetary and fiscal policies: the failure to cut interest rates quickly enough, the failure to keep credit flowing, the failure in the US to keep banks in business and the insistence on running balanced budgets.

Global recovery's weakness raises possibility of trade war Larry Elliott Economics editor 2010

How far beggar-my-neighbour competitive devaluations and protection will develop is hard to predict, but protectionist trends are there for all to see.

20 predictions for the next 25 years 2011

We should be offering to play our full part in any world deal to buy time for the US and China to change, while making sure we can act fast and flexibly to respond to a climate of beggar-my-neighbour trade and currency policies.

History will see these cuts as one of the great acts of political folly Will Hutton 2010

There would have been a 1930s-scale slump, the break up of the EU and a rise in beggar-my-neighbour devaluations and trade protection.

The ailing euro is part of a wider crisis. Our capitalist system is near meltdown | Will Hutton 2011

So when Dominique Strauss-Kahn, the IMF managing director, acknowledged that the language of a recent IMF summit communique was "ineffective", that the time for "real action" had come and that he feared "a race to the bottom" as the major countries began to outdo each other in beggar-my-neighbour currency wars, you should sit up and listen.

History will see these cuts as one of the great acts of political folly Will Hutton 2010

The capacity to look at a problem through the wrong lens and then advocate what are, in effect, go-it-alone, beggar-my-neighbour economic policies in the name of free markets and political sovereignty is breathtaking.

Don't blame the euro for the ills besetting Ireland's economy Will Hutton 2010

It would be wrong, though, to imagine that it has only been the weaker nations that have been hurt by Germany's beggar-my-neighbour policy.

Why the single currency's fallen off the Lib Dems' agenda 2010

Business groups such as the CBI are calling for a cut in the headline rate of corporation tax because the UK has failed to match recent cuts made by countries like Italy and the Netherlands, but this risks encouraging a beggar-my-neighbour Dutch auction on tax with the end result that corporation tax would eventually be cut to zero.

Gordon Brown, Charlie Whelan and Me 2008

Business groups such as the CBI are calling for a cut in the headline rate of corporation tax because the UK has failed to match recent cuts made by countries like Italy and the Netherlands, but this risks encouraging a beggar-my-neighbour Dutch auction on tax with the end result that corporation tax would eventually be cut to zero.

Budget 2008: Will the Budget winners come from the top or the bottom? 2008

Business groups such as the CBI are calling for a cut in the headline rate of corporation tax because the UK has failed to match recent cuts made by countries like Italy and the Netherlands, but this risks encouraging a beggar-my-neighbour Dutch auction on tax with the end result that corporation tax would eventually be cut to zero.

Gordon Brown, Charlie Whelan and Me 2008