Monetary Transitions: Currencies, Colonialism and African Societies

This book explores the social and economic impact of colonialism on African societies and institutions by examining the monetary history of the colonial period. It demonstrates that the monetary systems that emerged were not a replacement of old currency systems but rather the result of the convergence of different orders of value and monetary practices. The volume provides a new perspective on the history of colonial rule in Africa by putting histories of people using money at the heart of the story.

Format: Paperback / softback
Length: 309 pages
Publication date: 18 November 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the intricate relationship between money, society, and economics during the colonial era in Africa. By examining the monetary history of the colonial period, it seeks to understand the long-term impact of colonial monetary policies on African societies. The book explores various aspects of the continent, including different periods and regions, to provide a holistic understanding of the monetary systems that emerged during this time.

While grounding the analysis of money in its circulation, acceptance, and impact, the book emphasizes that the monetary systems that resulted from colonial rule were not a complete replacement of the old currency systems. Instead, they emerged as a convergence of different orders of value and monetary practices. By placing the histories of individuals and communities using money at the center of the narrative, the book connects these stories to broader imperial policies and sheds light on the establishment of colonial rule in Africa.

This book is the product of a collaborative and interdisciplinary research project supported by the Gerda Henkel Foundation. The contributors, drawn from universities across Europe, Africa, Asia, and the United States, are experts in the history of money in Africa. Their diverse perspectives and expertise contribute to the richness and depth of the analysis presented in the book.

The appeal of this book extends to an international audience of scholars and educators interested in African Studies, History, Economic History, Imperial and Colonial History, Development Studies, and Monetary Studies. It offers valuable insights into the complex monetary systems that shaped African societies during the colonial era and provides a foundation for further research and understanding of the economic and social consequences of colonialism.

Weight: 498g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030834630
Edition number: 1st ed. 2022