neocolonialism

from WordNet (r) 3.0 (2006)

neocolonialism
    n 1: control by a powerful country of its former colonies (or
         other less developed countries) by economic pressures

from The Collaborative International Dictionary of English v.0.48

neocolonialism \neocolonialism\ n.
   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.
   [WordNet 1.5]