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West Africa's Resistance against Imperialism*
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Sep
30th 2024, Prabhat Patnaik
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West
Africa, which had been largely under French colonial
rule, never saw decolonisation of the sort that India
did. For a start, the erstwhile French colonies’ currency
continued to be linked to the French franc at a fixed
exchange rate, which meant that they could not pursue
any fiscal and monetary policy of their choice (for
that would have threatened the fixed exchange rate).
*
This article was originally published in the Peoples
Democracy on September 29, 2024.
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