Opponents said Sarkozy backing his son for the job made France look like a “banana republic.”
Tropico is the excellent nation-builder game that simulates a Caribbean banana republic during the Cold War.
If those consumers get their hands on some money, they'll move upmarket to Crate and Barrel and banana republic.
This time we are back in 1941 and flit from Berlin (“the capital of a banana republic that had run out of bananas”) to Prague.
At that time we had a treaty with about every foreign country except Belgium and that banana republic, Anchuria.
"small Central American state with an economy dependent on banana production," 1901, American English.
A small country, esp Central American, dominated by foreign companies
[1930s+; fr the fact that such places were typically under the control of the United Fruit Company and grew bananas]