ne·o·co·lo·ni·al·ism 
(nē′ō-kə-lōnē-ə-lĭz′əm)
(nē′ō-kə-lōnē-ə-lĭz′əm)n.
The policy or practice of a wealthy or powerful nation in extending its influence into a less developed one, especially in exploiting that nation's resources.
ne′o·co·loni·al adj.
ne′o·co·loni·al·ist n.