Work

The Collapse of the Gold Standard in Africa: Money and Colonialism in the Interwar Period

Year: 2022
Type: article
Abstract: Research on Africa’s monetary history has tended to focus on the imposition of colonial currencies while neglecting the monetary upheavals which faced the colonial powers after the collapse of the gold standard during World War I. Gardner profiles three crises—in The Gambia, Kenya, and Liberia—resulting from shifting exchange rates between European currencies during the 1920s and 1930s. These three cases illustrate the degree to which colonial policies struggled to keep up with the economic turmoil affecting metropolitan states and bring Africa into the story of global monetary instability during the interwar period, which is often told only from a European perspective.
Language: English
Subfield: Anthropology
Open Access status: hybrid
Estimated APC paid: $3,255
OpenAlex ID: W4313435876
FWCI: 2.603
Cites: 45
Cited by: 3
Related to: 10