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Analysis of the Economic System of Somalia

In: The Reasons for Underdevelopment

Author

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  • Donatella Strangio

    (Sapienza University of Rome)

Abstract

Italian colonialism could not see beyond bananas, practically it didn’t develop anything beyond bananas. It was a kind of colonialism that did not even look after its own interests: In other words it was short-sighted. Then came independence and things did not change very much, because the old leaders were simply the puppets controlled by old colonial interests.1 These eloquent words by the historian Del Boca invite us to investigate the real economic situation of those years and examine the conditions of the agricultural, industrial and service sectors which had survived the difficult events the country experienced during the scramble for Africa at the end of the Second World War and the necessary creation of a new international order. This will be done with the help of unpublished sources from the historical archives of the Banca d’Italia, which give tangible evidence of its work, even after the end of the Trusteeship.

Suggested Citation

  • Donatella Strangio, 2012. "Analysis of the Economic System of Somalia," Contributions to Economics, in: The Reasons for Underdevelopment, chapter 0, pages 39-74, Springer.
    • Handle: RePEc:spr:conchp:978-3-7908-2778-1_2
    DOI: 10.1007/978-3-7908-2778-1_2
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