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According to economist Joan Robinson beggar-thy-neighbour policies were widely adopted by major economies during the Great Depression of the 1930s. [ 2 ] Alan Deardorff has analysed beggar-thy-neighbour policies as an instance of the prisoner's dilemma known from game theory : each country individually has an incentive to follow such a policy ...
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World trade expanded rapidly. The RTAA was a US law but provided the first widespread system of guidelines for bilateral trade agreements. The United States and the European nations began avoiding beggar-thy-neighbour policies, which pursued national trade objectives at the expense of other nations. Instead, countries started to realize the ...
The beggar thy neighbour policies that emerged as the crisis continued saw some trading countries using currency devaluations in an attempt to increase their competitiveness (i.e. raise exports and lower imports), though recent research [when?] suggests this de facto inflationary policy probably offset some of the contractionary forces in world ...
I vaguely remember 'Begger-my-neighbour' mentioned as a card game in Dicken's novel Great Expectations. I suspect this is the origin of the term? --Surturz 04:49, 14 March 2008 (UTC) Found it! Beggar-My-Neighbour--Surturz 04:51, 14 March 2008 (UTC)
The Hudud Ordinances are laws in Pakistan enacted in 1979 as part of the Islamization of Pakistan by Muhammad Zia-ul-Haq, the sixth president of Pakistan.It replaced parts of the British-era Pakistan Penal Code, adding new criminal offences of adultery and fornication, and new punishments of whipping, amputation, and stoning to death.
Beggar chiefs provided security in the form of food for beggars and in return received a portion of beggars' daily earnings as tribute. Beggar chiefs would often lend their surplus income back to beggars and charge interest, furthering their subjects' dependence on them to the point of near slavery.
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