Africa's Last Colonial Currency: The Cfa Franc Story (Paperback) (ISBN-13: 9780745341798)

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 expos of colonial infrastructure proves that decolonization is unfinished business.

Author: Fanny Pigeaud, Ndongo Samba Sylla
ISBN-10: 0745341799
ISBN-13: 9780745341798
Publisher: Pluto Press (UK)
Language: English
Published: 02/20/2021
Pages: 192
Format: Paperback
Weight: 0.60lbs
Size: 8.40h x 5.40w x 0.50d