A COLONIAL CURRENCY DELAYED TO THE DEVELOPMENT OF AFRICA:THE CFA FRANC Cover Image

UNE MONNAIE COLONIALE QUI RETARDE LE DEVELOPPEMENT DE L’AFRIQUE: LE FRANC CFA
A COLONIAL CURRENCY DELAYED TO THE DEVELOPMENT OF AFRICA:THE CFA FRANC

Author(s): Prao Seraphine
Subject(s): Economy
Published by: Editura Bibliotheca
Keywords: zone of monetary anchoring; Franc zone; growth and development; monetary sovereignty.

Summary/Abstract: Our study aims at establishing the bond between the adoption of CFA franc as currency of 15 African countries and their economic development. Our study shows that CFA franc is, for a great part, responsible of the underdevelopment of the African Countries of the CFA Zone. The study lets thus foresee a weak consideration for monetary dimension in the development process sin Africa.

  • Issue Year: 2011
  • Issue No: 3 (12)
  • Page Range: 146-152
  • Page Count: 15
  • Language: French