An economy in which import controls are imposed and the export of capital is curtailed.
(进口受到严格控制及资本输出被削减的)紧缩经济
Example sentencesExamples
We had been an isolated, siege economy, very inward-looking, suddenly had to open up and participate, compete in this new global economy.
The British government indeed operated a siege economy so successfully that by the end of 1917 its grain reserves had actually doubled.
When strategic bombing was added to blockade as a means of economic warfare, the siege economy gradually collapsed.
The country needs help opening up after operating a siege economy for so long.
To the extent that they had any alternative policies, they demanded import controls, which would have created a siege economy, provoked retaliation and trade war and led to immense hardship for working people.
Definition of siege economy in US English:
siege economy
noun
An economy in which import controls are imposed and the export of capital is curtailed.
(进口受到严格控制及资本输出被削减的)紧缩经济
Example sentencesExamples
To the extent that they had any alternative policies, they demanded import controls, which would have created a siege economy, provoked retaliation and trade war and led to immense hardship for working people.
We had been an isolated, siege economy, very inward-looking, suddenly had to open up and participate, compete in this new global economy.
The country needs help opening up after operating a siege economy for so long.
The British government indeed operated a siege economy so successfully that by the end of 1917 its grain reserves had actually doubled.
When strategic bombing was added to blockade as a means of economic warfare, the siege economy gradually collapsed.