Neo-colonialism

Definition

Neo-colonialism refers to the economic and political control that powerful nations exert over less developed countries in a way that is more subtle than traditional colonialism. It involves maintaining influence through indirect means, such as economic domination, trade agreements, or cultural imperialism.

Related terms

Dependency theorists: Dependency theorists are scholars who believe that developing countries are kept in a state of underdevelopment due to their dependence on more advanced industrialized nations.

Imperialism: Imperialism refers to the policy or practice of extending a nation's power and influence over other countries through military force or economic dominance.

Globalization: Globalization refers to the increasing interconnectedness and interdependence of economies, cultures, and societies around the world through international trade, communication, and technology.