Definitions for "neocolonialism"
Control by a powerful country of its former colonies (or other less developed countries) by economic pressures. In contrast to colonialism, in which one country controls another territory by military force.
a modern form of colonialism usually leftover from colonial times - the control over the nation is accomplished through economic rather than political systems
The state of poor, third-world countries which enjoy formal political independence, but continue to remain economically dependent on rich, industrialized countries.