economic dependence
Needing others' resources
Economic dependence is a state in which one party relies on another for financial support or economic survival.
A country with economic dependence on a single trading partner faces vulnerability if that relationship sours.
The term applies equally to individuals, businesses, and nations: Her economic dependence on her husband made leaving the marriage difficult.
It often carries connotations of imbalance or precarity—the dependent party lacks autonomy and may be subject to the other's influence or control.
- relianceState of needing support
- foreign aidCross-border governmental help
- subordinationLower position in hierarchy
- puppet stateNominally sovereign, actually controlled
- vulnerabilityOpenness to harm
balance of power · autonomy · aid · loans · debt · debt trap · colonialism · exploitation · trade · trade deficit · cash crop · imports · leverage · poverty · hand to mouth · remittances · subsidies · safety net
economic dependenceeconomic independence
Financial self-sufficiency
self-sufficiency · economic autonomy · autarky · financial independence · self-reliance
economic dependenceeconomic power
Influence through wealth
economic control · economic leverage · neo-colonialism · economic exploitation
economic dependenceeconomic nationalism
Favoring domestic over foreign commerce
protectionism · mercantilism · trade barriers · import substitution · decoupling
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