Banana Republic
BANANA REPUBLIC BY ANDREW OFORMA EZE Contemporarily, the term banana republic is used to describe a country that is economically and politically unstable and dependent on foreign countries, especially developed countries despite their attainment of political independence. In other words, it is a country that has attained flag independence without actual political and economic independence. The sovereignty of banana republic is questionable because such a state is a dependent one. Attributes of banana republic and failed state are almost the same. (See Failed State). Origin: The term was coined by an American writer Henry, O (real name; William Sydney Porter) in 1904 in his fictional book where he used it to describe small republics (especially in South America) that are largely dependent on exporting minor agricultural products like banana. BANDWAGONING Bandwagoning is a concept in international relatio...