Neo before a word means that there is a modern equivalent to that words meaning.

Neocolonialism suggests that modern trade is equivalent to colonialism.

neocolonialism leaves the used country in disarray after they were used.Using the instruments of neocolonialism,the used country is often buried in debts and contracts to the more powerful country who used them.Oftentimes,there will be permanent alliance to that country who they asked for had influenced them.

neocolonialism

Cultural neocolonialism can be seen in the dominance of Western media and cultural products in many countries, leading to the marginalization of local cultures. Economical neocolonialism is evident in the exploitation of cheaper labor and resources in developing countries by multinational corporations from developed countries, leading to economic dependency and unequal power dynamics.

Philippines. Its a Asian