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Sylvanus Olympio, the Franc CFA, and His Quest for Monetary Sovereignty (1958–1963)

Robin Frisch

African Economic History2024https://doi.org/10.3368/aeh.52.2.80article
ABDC C
Weight
0.30

What the paper says

In the early 1960s, Togo’s first president Sylvanus Olympio attempted to create a sovereign currency and establish more economic independence from France. Olympio negotiated with the governments of West Germany, Great Britain, Ghana, and Nigeria about the possibility of pegging a sovereign currency or creating a new monetary zone. This article reveals that the establishment of a national currency was confronted with a myriad of economic issues, including a substantial budget deficit and dependence on financial support from France. Set against the backdrop of decolonization and the geopolitical tensions of the Cold War, the economic policymaking efforts of Olympio present a genuine trajectory of economic sovereignty and quest for self-determination.

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https://doi.org/https://doi.org/10.3368/aeh.52.2.80

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@article{robin2024,
  title        = {{Sylvanus Olympio, the Franc CFA, and His Quest for Monetary Sovereignty (1958–1963)}},
  author       = {Robin Frisch},
  journal      = {African Economic History},
  year         = {2024},
  doi          = {https://doi.org/https://doi.org/10.3368/aeh.52.2.80},
}

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Sylvanus Olympio, the Franc CFA, and His Quest for Monetary Sovereignty (1958–1963)

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Evidence weight

0.30

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.