The Portuguese Escudo Monetary Zone
Author | : Maria Eugénia Mata |
Publisher | : Springer Nature |
Total Pages | : 265 |
Release | : 2020-06-12 |
ISBN-10 | : 9783030338572 |
ISBN-13 | : 3030338576 |
Rating | : 4/5 (72 Downloads) |
Download or read book The Portuguese Escudo Monetary Zone written by Maria Eugénia Mata and published by Springer Nature. This book was released on 2020-06-12 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.