Neo-Colonialism
NEO-COLONIALISM
Neocolonialism describes how, after World War II, colonial powers started using economics i.e. lending and interest rates, to control former colonies and cultivate new areas, thereby creating political, economic and social dependencies.
Neocolonialism describes certain economic operations at the international level which have alleged similarities to the traditional colonialism of the 16th to the 20th centuries. The contention is that governments have aimed to control other nations through indirect means; that in lieu of direct military-political control, neocolonialist powers employ economic, financial, and trade policies to dominate less powerful countries. Those who subscribe to the concept maintain this amounts to a de facto control over targeted nations
Previous colonizing states, and other powerful economic states, contain a continuing presence in the economies, especially where it concerns raw materials, of former colonies. After a hastened......
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