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Before Entering the East African Currency Board: The Case of Zanzibar (1908 – 1935)

Author

Listed:
  • Licursi, Marissa

    (The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise)

Abstract

We provide the first spreadsheet data series and legislative history of Zanzibar’s Board of Commissioners of Currency (1908-1935) and examine to what extent it operated as an orthodox currency board. The paper makes the annual balance sheets and monthly financial statements of the currency board available in machine-readable form for the first time, in a companion spreadsheet workbook and also offers a summary of legislation related to currency and banking for further analysis of the period.

Suggested Citation

  • Licursi, Marissa, 2016. "Before Entering the East African Currency Board: The Case of Zanzibar (1908 – 1935)," Studies in Applied Economics 44, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    • Handle: RePEc:ris:jhisae:0044
    as

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    File URL: https://sites.krieger.jhu.edu/iae/files/2017/04/Marissa_Licursi_Zanzibar.pdf
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    References listed on IDEAS

    as
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    5. Anonymous, 1964. "International Monetary Fund," International Organization, Cambridge University Press, vol. 18(1), pages 193-196, January.
    6. Steve Hanke, 2002. "On dollarization and currency boards: Error and deception," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 5(4), pages 203-222.
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    More about this item

    Keywords

    Currency board; Zanzibar;

    JEL classification:

    • N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania

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