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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 ...
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)
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 ...
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We always called it "Beggar thy neighbour", but I have no sources to back this up. Does this variant ring true with anyone else? Martin of Sheffield 08:55, 4 September 2019 (UTC) I think Beggar thy neighbour is already linked: When I open it, I get: - This article is about the economic policy. For the card game, see Beggar-My-Neighbour.
The Brander–Spencer model is an economic model in international trade originally developed by James Brander and Barbara Spencer in the early 1980s. The model illustrates a situation where, under certain assumptions, a government can subsidize domestic firms to help them in their competition against foreign producers and in doing so enhances national welfare.
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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