The French run a neo colonial empire… Ask them about that. Or how they CFA franc regime operates although PR so bad I think they stopped stealing interest on deposit.
Nah, overseas France voted to stay as part of France. After we got our asses kicked in the Algeria War we pretty much let go anyone who wanted to leave as a colony.
The thing is that for Africa special deals were made, which means that France still retains some vestiges of its former colonial power on Africa, which are abused by France at the detriment of African countries
The Macron-Ouattara announcement represents a needed reform. But it is just one of many that needs to happen. Going forward, the challenge will be to keep the benefits of the CFA franc monetary zone, namely a stable currency and low inflation, while transitioning to a new institutional system away from France. A monetary system that holds a former colonial power as the guarantor, regardless of announcements or agreements, will always ultimately fail to eradicate neocolonialism.
The French run a neo colonial empire… Ask them about that. Or how they CFA franc regime operates although PR so bad I think they stopped stealing interest on deposit.
Are you talking about Overseas France? https://en.m.wikipedia.org/wiki/Overseas_France
Seems similar to Puerto Rico, Samoa and the others https://en.m.wikipedia.org/wiki/Territories_of_the_United_States
Nah, overseas France voted to stay as part of France. After we got our asses kicked in the Algeria War we pretty much let go anyone who wanted to leave as a colony.
The thing is that for Africa special deals were made, which means that France still retains some vestiges of its former colonial power on Africa, which are abused by France at the detriment of African countries
My apologies, I didn’t know about this. https://hir.harvard.edu/true-sovereignty-the-cfa-franc-and-french-influence-in-west-and-central-africa/