The Portuguese Escudo Monetary Zone

The Portuguese Escudo Monetary Zone

Maria Eugénia Mata

Format: Print Book

ISBN: 9783030338596

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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.

Publication Year: 2020
Imprint: Springer International Publishing








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