We seem to be following the same path, and in a beggar-thy-neighbor world any country that does not participate in retaliatory policies will suffer.

我们似乎又要重回老路，在这个以邻为壑的世界里，任何国家如果不采取报复性政策，都将会受到伤害。

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The collapse of the dollar bloc, if it continues, will add to this exchange-rate volatility and in the worst case make it easier for beggar-thy-neighbor currency manipulation.

美元集团的倒塌，如果继续下去，将加重这次汇率波动，以及，在最坏的情况下，使得“以邻为壑”的货币操作更加容易。

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The twin threats of deflation and beggar-thy-neighbor currency devaluation have been on the global agenda this year in a way perhaps not seen since 1944, when world leaders met in Bretton Woods, n.h..

通货紧缩和以邻为壑的货币贬值的双重威胁在今年已经被摆上了全球议事日程。

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This time, the beggar-thy-neighbor competition looks like it will be over currency.

FORBES: China Is Susceptible To Currency Pressure

These beggar thy neighbor policies led to the collapse of world trade and capital flows during the Great Depression.

FORBES: Move up http://i.forbesimg.com t Move down

The U.S. and the IMF are, in effect, advocating a watered-down version of the 1930s concept of beggar-thy- neighbor through competitive devaluations.

FORBES: Fact and Comment