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Neocolonialism is the control by a state over another nominally independent state through indirect means. The term neocolonialism was first used after World War II to refer to the continuing dependence of former colonies on foreign countries, but its meaning soon broadened to apply, more generally, to places where the power of developed countries was used to produce a colonial-like control. Some scholars have argued that neocolonialism operates through global economic governance, including international financial institutions and trade regimes, which can influence domestic policy decisions in formally sovereign states through mechanisms such as debt and loan conditionalities.
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