Now the term seems singularly appropriate to the United States, even though the U.S. relies neither on bananas nor any other single cash crop. 1-First you select the son of a former president to run for president.
Nepotism is very important in any self-respecting Banana Republic.
Running on family name recognition and family ties is a quintessential requirement in these cases. 2-Next, you make sure that you carry out electoral fraud in one or more states in case your candidate isn't successful. So much the better if you select a state where the brother of the candidate is the governor, and where the person in charge of certifying election results is the campaign manager of your candidate. 3-Since electoral fraud is such an important tool, if the father of your candidate happens to be a former chief of the Secret Police that will be very handy. He probably has invaluable contacts with old cronies who have specialized for years in rigging elections throughout the Third World.