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The Portuguese Escudo Monetary Zone

Its Impact in Colonial and Post-Colonial Africa

  • Book
  • © 2020

Overview

Authors:
  1. Maria Eugénia Mata

    1. Nova School of Business and Economics, Universidade Nova de Lisboa, Carcavelos, Portugal

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  • Examines the effects of African countries' independence on Portuguese Escudo Monetary Zone
  • Covers the last quarter of the century and the second millennium
  • Reviews the processes of monetary decolonisation of the various territories of the Portuguese colonial empire

Part of the book series: Palgrave Studies in Economic History (PEHS)

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xx
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  2. Introduction: Why to Study “The Portuguese Escudo Monetary Zone and its Impact in Colonial and Post-Colonial Africa”

    • Maria Eugénia Mata
    Pages 1-7

  3. The Origin of the Escudo Monetary Zone

    1. Front Matter

      Pages 9-9
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    2. The Escudo Monetary Zone

      • Maria Eugénia Mata
      Pages 11-24

    3. The Difficulties in Launching the Escudo Monetary Zone

      • Maria Eugénia Mata
      Pages 25-49

    4. War, Confidence, and Expectations. Adjusting the Rules of the Escudo Monetary Zone

      • Maria Eugénia Mata
      Pages 51-67

  6. Co-operation from Independences to the End of the Millenium

    1. Front Matter

      Pages 161-161
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    2. The New Currencies in the West-African Portuguese-Speaking Countries and the Portuguese Co-operation

      • Maria Eugénia Mata
      Pages 163-192

    3. The Angolan Kwanza and the Portuguese Co-operation

      • Maria Eugénia Mata
      Pages 193-212

    4. The Mozambican Metical and the Portuguese Co-operation

      • Maria Eugénia Mata
      Pages 213-233

    5. Final Remarks: Conclusions

      • Maria Eugénia Mata
      Pages 235-241

  7. Back Matter

    Pages 243-265
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Keywords

About this book

This monograph examines the failure of the Portuguese Escudo Monetary Zone and the birth of new monetary and financial systems in Portuguese-speaking African countries. Examining colonial and post-colonial times, Mata analyses the decision to build a Portuguese monetary area in the early 1960s and mid-1970s when the decolonisation process was peaking.

This book offers some important lessons regarding the functioning and dismantling of monetary areas, and on the importance of central-banks’ co-operation.


Authors and Affiliations

  • Nova School of Business and Economics, Universidade Nova de Lisboa, Carcavelos, Portugal

    Maria Eugénia Mata

About the author

Maria Eugénia Mata is Associate Professor at the Faculty of Economics at Nova University Lisbon, Portugal. Her research interests include Economic, Business and Financial History, and the History of Economic Thought. Mata is an Ex-President of the Portuguese Economic and Social History Association.

Bibliographic Information

  • Book Title: The Portuguese Escudo Monetary Zone

  • Book Subtitle: Its Impact in Colonial and Post-Colonial Africa

  • Authors: Maria Eugénia Mata

  • Series Title: Palgrave Studies in Economic History

  • DOI: https://doi.org/10.1007/978-3-030-33857-2

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020

  • Hardcover ISBN: 978-3-030-33856-5Published: 13 June 2020

  • Softcover ISBN: 978-3-030-33859-6Published: 13 June 2021

  • eBook ISBN: 978-3-030-33857-2Published: 12 June 2020

  • Series ISSN: 2662-6497

  • Series E-ISSN: 2662-6500

  • Edition Number: 1

  • Number of Pages: XX, 265

  • Number of Illustrations: 3 b/w illustrations, 17 illustrations in colour

  • Topics: Economic History, Financial History, Middle Eastern and North African Economics

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