Devaluation of the CFA Franc in Senegal: the Reaction of Small Businesses

LUCY E. CREEVEY · Richard Vengroff

18 citations0/0 files storedThe Journal of Modern African Studies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Monetary Policy and Economic Impact Global trade and economics Global Financial Crisis and Policies

Abstract

The devaluation of the Communauté financière africaine (CFA) franc occurred on 12 January 1994. Benin, Burkina Faso, Cameroon, Chad, Central African Republic, Comoros, Congo, Côte d'Ivoire, Equatorial Guinea, Gabon, Mali, Mauritania, Niger, and Senegal were immediately affected as the value of their currency decreased by 50 per cent. One French franc now became worth 100 instead of 50 CFA – in reality a 100 per cent increase in the cost of goods purchased on the international market with the CFA franc.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 18 citations exist upstream.

References

1990Politics and Society in Contemporary Africa 1995Continuity and Change in Franco-African Relations 1994Adjustment in Africa: lessons from country case studies 1984Senegal: An African Nation between Islam and the West 1990The silent revolution in Africa: debt, development, and democracy 1991The Silent Revolution in Africa: Debt, Development and Democracy 1985Senegal. An African Nation between Islam and the West

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.