"Neocolonialism is the practice of using economic imperialism, globalisation, cultural imperialism and conditional aid to influence a developing country instead of the previous colonial methods of imperialism or indirect political control (hegemony).
Neocolonialism differs from standard globalisation and development aid in that it typically results in a relationship of dependence, subservience, or financial obligation towards the neocolonialist nation. This may result in an undue degree of political control or spiraling debt obligations, functionally imitating the relationship of traditional colonialism. Neocolonialism frequently effects all levels of society, creating neo-colonial systems that disadvantage local communities -- such as Neo-colonial science." - (en.wikipedia.org 19.10.2021)
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