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neocolonialism (n.)

also neo-colonialism, "the exertion of influence or control over other nations, especially former dependencies, without direct military or political control," 1955, from neo- "new" + colonialism.

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Definitions of neocolonialism

neocolonialism (n.)
control by a powerful country of its former colonies (or other less developed countries) by economic pressures;
From wordnet.princeton.edu