banana republic

(redirected from Banana republics)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.

banana republic

A small country, often led by a corrupt government, whose economy depends upon either one internally-produced commodity or the revenue generated by foreign companies or investors. The dictator's insistence that the tiny island nation double down on its dominate export has made it even more of a banana republic.
See also: banana, republic