Beggar-thy-neighbor devaluation

A devaluation that is designed to cheapen a nation's currency and thereby increase its exports at other countries' expense and reduce imports. Such devaluations often lead to trade wars. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • beggar-thy-neighbor devaluation — A devaluation that is designed to cheapen a nation s currency and thereby increase its exports at the expense of other countries. devaluation can also reduce a nation s imports. Such devaluations often lead to trade wars. Bloomberg Financial… …   Financial and business terms

  • Девальвация типа "сделай соседа нищим" — девальвация с целью увеличения объема экспорта за счет других стран при снижении объема импорта. По английски: Beggar thy neighbor devaluation См. также: Девальвация Финансовый словарь Финам …   Финансовый словарь

  • Bretton Woods system — The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world s major industrial states. The Bretton Woods system was the first example of a fully negotiated monetary order intended… …   Wikipedia

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