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Monetary developments and decolonization in Ethiopia

Listed author(s):
  • Arnaldo MAURI


The article analyses the reorganization process of the monetary setting in Ethiopia started in 1941 along with decolonization, when the Italian colonial rule came to an end. The country regained independence and the former Ethiopian empire was restored. The monetary reform in Ethiopia after liberation during World War II was a necessary measure to be adopted. Different paths however could have been followed at that moment by the Ethiopian government. The crucial choice made in money matter was to re-establish a national monetary unit instead of keeping the country inside the East African shilling area, as it was envisaged in British designs for the post-war setting of the Horn of Africa. The Ethiopian project unpredictably prevailed at the end of a weary negotiation, thanks chiefly to American support in the framework of a new role gained by the United States in this area. The Ethiopian Authorities were, as a consequence, enabled to free themselves from dependence on Great Britain and this event marked a crucial step in the advancement of the decolonisation proce

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Paper provided by Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 2010-15.

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Date of creation: 26 May 2010
Handle: RePEc:mil:wpdepa:2010-15
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This item is featured on the following reading lists or Wikipedia pages:

  1. Diskussion:Geschichte Äthiopiens in Wikipedia German ne '')
  2. Storia d'Etiopia in Wikipedia Italian ne '')
  3. Histoire de l'Éthiopie in Wikipedia French ne '')
  4. Etiopia in Wikipedia Italian ne '')

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