Definition of siege economy in English:

siege economy

Syllabification: siege e·con·o·my

noun

An economy in which import controls are imposed and the export of capital is curtailed.
More example sentences
  • 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:

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Word of the day internecine
Pronunciation: ˌintərˈnesēn
adjective
destructive to both sides in a conflict