Przestrzeń i granice monetarne we współczesnej Afryce. Na przykładzie strefy franka CFA

• Authors: Bara Ndiaye

Title variants

EN

Monetary space and borders in contemporary Africa - an example of CFA franc zone

• Languages of publication: PL

Abstracts

EN

On an enormous field of Africa, composed of different countries, sometimes outlying, money circulates, franc CFA, which is not under the control of political units, called independent states. This monetary area is called zone of franc. It connects former French colonies of West Africa, Central Africa and Indian Ocean. Some call this situation monetary neocolonialism. So, it is possible to put question if countries of franc's zone are sovereign, as that they do not have capabilities of beating their own coins, a political act, lack of which pulls down the bases of their sovereignty. These countries have still common currency imposed in the colonial period. The history of CFA is strictly correlated with the history of colonization of African countries CFA. Franc CFA has emerged 25 December 1945 officially, the day, that France ratified Bretton Woods Agreements. The creation of franc CFA was and remains still reasonable for French authorities, for the reason of particular co-operation between France and its old colonies. There was a delicate manner to control the economy of these African countries also. In fact, since colonization, African countries remain stocks of raw materials and had to supply French industry, when France transfers to these countries its surplus of industrial production. This way, franc CFA enabled the transfer of French firms benefices without risk of exchange rate.

Keywords

EN

CFA; Africa; French colonies

• Publisher: Instytut Nauk Politycznych, Uniwersytet Warmińsko-Mazurski w Olsztynie
• Journal: Forum Politologiczne
• Year: 2010
• Volume: 10 - Przestrzeń i granice we współczesnej Afryce
• Pages: 125-142

Contributors

author

Bara Ndiaye

• Wydział Humanistyczny Uniwersytetu Warmińsko-Mazurskiego w Olsztynie

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