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De la réussite d'une intégration monétaire à son échec. La Corne de l'Afrique, un champ expérimental (circa 1800-1950)

Bibliographic Data

ID20364629
AuthorsColette Dubois (corresponding author)
Year1999
Volume86
Issue322
Pages269-289
Publication date1999-01-01
Open AccessNo
TypeARTICLE
VenueRevue française d histoire d outre-mer (JOURNAL)
Journal identifiersISSN: 0300-9513 • E-ISSN: 2419-4522
PublisherPERSEE Program (PUBLISHER)
DOI10.3406/outre.1999.3728
OpenAlexW2327430951
LanguageFR
Citations received2

The following considerations on monetary issues in north-eastern Africa have been oriented by two facts. During the 19 th century, African people trusted a silver coin called the Maria Teresa dollar, which gained on lastingly in the Horn of Africa. This alien currency coexisted with other local currencies (amoulés of salt, pieces of cloth, ...), but becante the preferred one as far as regional and inter-region trading business was concerned. Thanks to this currency, the region, which is situated at maritime and land crossroads, enjoyed a large monetary unity. However, in the very early 1950' s this currency disappeared abruptly, to be replaced by the Ethiopian dollar or the Djibouti franc. How had it been possible to break up the monetary unity that had lasted for almost 150 years ? Why had not the supremacy been challenged by existing monetary means such as the dollar bearing the face of Menelik IId, which was issued as early as 1894, or the colonial currency such as liras, francs or rupees ? To what extent were the reforms undertaken by Ethiopia and the French Somaliland in the 1940' s responsible for the appearance ot two distinct impervious monetary zones whereas their respective economic Systems kept on being tightly linked one to the other

Art · Colonialism · Currency · Economic history · Economics · Economy · French horn · Humanities · Liberian dollar · Monetary economics · Political science · Sociology · Us dollar · African history and culture analysis · African history and culture studies · Law · Finance

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    Moustapha Aman•Economic History of Developing…•2025

  • Rente et longévité de la Caisse d'émission de Djibouti. Éléments pour une économie politique du régime monétaire

    Moustapha Aman, Nikolay Nenovsky•Mondes en développement•2021

Citations per year0.4
Citation span2021 - 2025 (5)
Highly citedNo

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