Answer: Neocolonialism or neo-imperialism
Neocolonialism refers to the practice of using economic measures to exert control over a developing country instead of direct military control. Neocolonialism is an important term in post-colonial studies, and it has been found to have damaged the political and economic development of several former colonies.
In the context of Africa, it is often used to describe the period of decolonization starting in the 1960s. In the context of Latin America, it is most commonly used to describe the political interventions of the U. S. in the second half of the twentieth century.
