Comment by t-writescode
4 days ago
> In political science, the term banana republic describes a politically and economically unstable country with an economy dependent upon the export of natural resources.
https://en.wikipedia.org/wiki/Banana_republic
What natural resource export is Spain’s economy dependent upon?
but also, ismt that a description of dutch disease?
a banana republic is a country where the US installs a brutal dictatorship on behalf of a banana company, and the punishment for not helping grow cheap bananas for rich americans is a slow, tortuous death
It appears it’s pork, which lands in China. Current corrupt government is fighting tooth and nail in order to not start a trade fight with China at EU level.
You do realize that when a term was coined many years ago its definition might be broadened?