Banana Republic, Countries Under Economic Control, Foreign Owned Companies, Foreign Owned Industries - YReach.com

The word 'Banana Republic' is a derogatory term for countries under the economic control of foreign-owned companies or industries. The word Banana Republic was first used by the American writer O Henry in his book 'Cabbages and Kings'.

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Banana Republic

The word 'Banana Republic' is a derogatory term for countries under the economic control of foreign-owned companies or industries. The word Banana Republic was first used by the American writer O Henry in his book 'Cabbages and Kings'. The term has also been expanded over the decades to even refer to the control of part of a country's bureaucracy by an opposing bureaucracy of the same country.

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