Date of Submission
Spring 2019
Academic Programs and Concentrations
Economics
Project Advisor 1
Sanjaya DeSilva
Abstract/Artist's Statement
Abstract: French monetary control over their colonies in Africa did not decrease after decolonization. Instead, the monetary union, the CFA Franc Zone set the stage for French domination of West Africa for decades to come through their control of pricing and exchange rates. This dominion causes repeated economic downturns, which the governments of the CFA countries are unable to counteract due to the monetary and fiscal restrictions placed upon them through the currency union. These downturns are only offset by repeated injections of capital, which can only come from abroad. In a case study of France and the Ivory Coast, France is content to provide these funds through economic development tools such as Foreign Direct Investment and Bilateral Foreign Aid funds. This comes at a cost, however, as these funds impede the economies of the CFA Franc zone.
Open Access Agreement
Open Access
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Recommended Citation
Prabhu-Schlosser, Keshav R., "Postcolonial Exploitation through Economic Development Tools: a Case Study on France and the Ivory Coast" (2019). Senior Projects Spring 2019. 145.
https://digitalcommons.bard.edu/senproj_s2019/145
This work is protected by a Creative Commons license. Any use not permitted under that license is prohibited.
Included in
Africana Studies Commons, Agricultural and Resource Economics Commons, Business Law, Public Responsibility, and Ethics Commons, Development Studies Commons, Growth and Development Commons, Income Distribution Commons, International Business Commons, International Economics Commons, Political Economy Commons