Much of the world could end up in a beggar-my-neighbour position towards an increasingly fiscally stretched US.
全球大部分地区最终可能会对财政上越来越紧张的美国施行以邻为壑政策。
If surplus countries fail to offset that shift, through expansion in aggregate demand, the world is inevitably caught in a beggar-my-neighbour battle: everybody seeks desperately to foist excess supplies on to their trading partners.
如果盈余国家未能通过总需求的扩张来抵消这种转变，全球将不可避免地陷入一场以邻为壑的战争：所有国家都拼命将过度供应强加给贸易伙伴。
Beggar-my-neighbour policies are sometimes justified by the collapse of a bogey called market fundamentalism.
有些时候，市场原教旨主义这种妖魔化理论的崩溃，证明了以邻为壑的经济政策的合理性。
If the eurozone is willing to live with close to stagnant overall demand, it will become an arena for beggar-my-neighbour competitive disinflation, with growing reliance on world markets as a vent for surplus.
如果欧元区愿意容忍接近停滞的整体需求，它将变成一个以邻为壑的竞争性反通胀的地区，逐渐依赖全球市场作为盈余的出口。
This is a beggar-my-neighbour combination for the world. It is also unconscionable.
这种以邻为壑的局面是不合理的。
Governments know that this approach is pure beggar-my-neighbour, collectively ruinous; some may even understand that the welfare-maximising policy is unilateral free trade.
各国政府都知道，这种策略完全是以邻为壑，对各方都具有毁灭性；一些人甚至可能认为，福利最大化的政策是单边自由贸易。
The beggar-my-neighbour policy is for countries with huge external surpluses to allow a collapse in domestic demand. They are then exporting unemployment.
真正以邻为壑的政策是，拥有巨额外部盈余的国家任由国内需求崩溃，然后出口失业。
Probably the best we can hope for is that they will avoid the beggar-my-neighbour economic nationalism of the1930s.
也许我们能期望的最好的结果是他们会避免1930年代的“逼邻为乞”（把对方全部吃光为胜的游戏，尤指国家政策损人利己）式的经济国家主义。
The evidence for this beggar-my-neighbour turn is all too abundant.
有关这种以邻为壑倾向的证据不胜枚举。
In a deep recession, this is a " beggar-my-neighbour " policy.
在深度衰退时期，这是一种“以邻为壑”的政策。
But I now think the best name is beggar-my-neighbour economics.
但现在，我认为最恰当的名称是以邻为壑经济学（beggar-my-neighboureconomics）。
The classic definition of beggar-my-neighbour policies was provided in 1937 by the British economist Joan Robinson.
1937年，英国经济学家琼罗宾逊（joanrobinson）给出了“以邻为壑”（beggar-my-neighbour）政策的经典定义。
International trade could be blighted by beggar-my-neighbour policies.
国际贸易可能会被这种“以邻为壑”的政策毁掉。
In a deep recession, this is a " beggar-my-neighbour " policy.
在深度衰退时期，这是一种“以邻为壑”的政策。