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Africa's Last Colonial Currency

Africa's Last Colonial Currency
Author: Fanny Pigeaud
Publisher: Pluto Press (UK)
Total Pages: 0
Release: 2021
Genre: Africa
ISBN: 9780745341798

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How the CFA Franc enabled France to continue its colonies in Africa.


Africa's Last Colonial Currency

Africa's Last Colonial Currency
Author: Fanny Pigeaud
Publisher:
Total Pages:
Release: 2021
Genre: Africa, French-speaking
ISBN: 9781786806703

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Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and economic imperialism. The CFA Franc was created in 1945, binding fourteen African states and split into two monetary zones. Why did French colonial authorities create it and how does it work? Why was independence not extended to monetary sovereignty for former French colonies? Through an exploration of the genesis of the currency and an examination of how the economic system works, the authors seek to answer these questions and more. As protests against the colonial currency grow, the need for myth-busting on the CFA Franc is vital and this expose of colonial infrastructure proves that decolonisation is unfinished business.


Monetary Transitions

Monetary Transitions
Author: Karin Pallaver
Publisher: Springer Nature
Total Pages: 309
Release: 2021-11-16
Genre: Business & Economics
ISBN: 3030834611

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This book uses money as a lens through which to analyze the social and economic impact of colonialism on African societies and institutions. It is the first book to address the monetary history of the colonial period in a comprehensive way, covering several areas of the continent and different periods, with the ultimate aim of understanding the long-term impact of colonial monetary policies on African societies. While grounding an understanding of money in terms of its circulation, acceptance and impact, this book shows first and foremost how the monetary systems that resulted from the imposition of colonial rule on African societies were not a replacement of the old currency systems with entirely new ones, but were rather the result of the convergence of different orders of value and monetary practices. By putting histories of people using money at the heart of the story, and connecting them to larger imperial policies, the volume provides a new and fresh perspective on the history of the establishment of colonial rule in Africa. This book is the result of a collaborative and interdisciplinary research project that has received funding by the Gerda Henkel Foundation. The contributors are both junior and senior scholars, based at universities in Europe, Africa, Asia and the US, who are all specialists on the history of money in Africa. It will appeal to an international audience of scholars and educators interested in African Studies and History, Economic History, Imperial and Colonial History, Development Studies, Monetary Studies.


Economic and Monetary Sovereignty in 21st Century Africa

Economic and Monetary Sovereignty in 21st Century Africa
Author: Maha Ben Gadha
Publisher: Pluto Press (UK)
Total Pages: 320
Release: 2021-10-20
Genre:
ISBN: 9780745344089

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The story of how African societies are resisting financial dependency and colonial legacies


The Political Economy of Everyday Life in Africa

The Political Economy of Everyday Life in Africa
Author: Wale Adebanwi
Publisher: Boydell & Brewer
Total Pages: 386
Release: 2017
Genre: History
ISBN: 1847011659

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Multi-disciplinary examination of the role of ordinary African people as agents in the generation and distribution of well-being in modern Africa.


The Portuguese Escudo Monetary Zone

The Portuguese Escudo Monetary Zone
Author: Maria Eugénia Mata
Publisher: Springer Nature
Total Pages: 265
Release: 2020-06-12
Genre: Business & Economics
ISBN: 3030338576

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This monograph examines the failure of the Portuguese Escudo Monetary Zone and the birth of new monetary and financial systems in Portuguese-speaking African countries. Examining colonial and post-colonial times, Mata analyses the decision to build a Portuguese monetary area in the early 1960s and mid-1970s when the decolonisation process was peaking. This book offers some important lessons regarding the functioning and dismantling of monetary areas, and on the importance of central-banks’ co-operation.


The Fair Trade Scandal

The Fair Trade Scandal
Author: Ndongo Sylla
Publisher: Ohio University Press
Total Pages: 193
Release: 2014-02-01
Genre: Business & Economics
ISBN: 0821444891

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This critical account of the fair trade movement explores the vast gap between the rhetoric of fair trade and its practical results for poor countries, particularly those of Africa. In the Global North, fair trade often is described as a revolutionary tool for transforming the lives of millions across the globe. The growth in sales for fair trade products has been dramatic in recent years, but most of the benefit has accrued to the already wealthy merchandisers at the top of the value chain rather than to the poor producers at the bottom. Ndongo Sylla has worked for Fairtrade International and offers an insider’s view of how fair trade improves—or doesn’t—the lot of the world’s poorest. His methodological framework first describes the hypotheses on which the fair trade movement is grounded before going on to examine critically the claims made by its proponents. By distinguishing local impact from global impact, Sylla exposes the inequity built into the system and the resulting misallocation of the fair trade premium paid by consumers. The Fair Trade Scandal is an empirically based critique of both fair trade and traditional free trade; it is the more important for exploring the problems of both from the perspective of the peoples of the Global South, the ostensible beneficiaries of the fair trade system.


Taxing Africa

Taxing Africa
Author: Mick Moore
Publisher: Bloomsbury Publishing
Total Pages: 289
Release: 2018-07-15
Genre: Business & Economics
ISBN: 1783604557

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Taxation has been seen as the domain of charisma-free accountants, lawyers and number crunchers – an unlikely place to encounter big societal questions about democracy, equity or good governance. Yet it is exactly these issues that pervade conversations about taxation among policymakers, tax collectors, civil society activists, journalists and foreign aid donors in Africa today. Tax has become viewed as central to African development. Written by leading international experts, Taxing Africa offers a cutting-edge analysis on all aspects of the continent's tax regime, displaying the crucial role such arrangements have on attempts to create social justice and push economic advancement. From tax evasion by multinational corporations and African elites to how ordinary people navigate complex webs of 'informal' local taxation, the book examines the potential for reform, and how space might be created for enabling locally-led strategies.


How Europe Underdeveloped Africa

How Europe Underdeveloped Africa
Author: Walter Rodney
Publisher: Verso Books
Total Pages: 416
Release: 2018-11-27
Genre: History
ISBN: 1788731204

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The classic work of political, economic, and historical analysis, powerfully introduced by Angela Davis In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance in Guyana, the 38-year-old Rodney would be assassinated. In his magnum opus, How Europe Underdeveloped Africa, Rodney incisively argues that grasping "the great divergence" between the west and the rest can only be explained as the exploitation of the latter by the former. This meticulously researched analysis of the abiding repercussions of European colonialism on the continent of Africa has not only informed decades of scholarship and activism, it remains an indispensable study for grasping global inequality today.


Colonial Legacies and the Rule of Law in Africa

Colonial Legacies and the Rule of Law in Africa
Author: Salmon A Shomade
Publisher: Routledge
Total Pages: 250
Release: 2021-12-30
Genre: Political Science
ISBN: 1000521087

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This book focuses on the continued impact of British colonial legacy on the rule of law in Ghana, Kenya, Nigeria, South Africa, and Zimbabwe. The legal system is intended to protect regular citizens, but within the majority of Africa the rule of law remains infused with Eurocentric cultural and linguistic tropes, which can leave its supposed beneficiaries feeling alienated from the structures intended to protect them. This book traces the impact, effect, opportunities, and challenges that the colonial legacy poses for the rule of law across Ghana, Kenya, Nigeria, South Africa, and Zimbabwe. The book examines the similarities and differences of the colonial legacy on the current legal landscape of each nation and the intersection with the rule of law. This important comparative study will be of interest to scholars of Political Science, International Studies, Law, African Politics, and British Colonial History.