FRANCO CFA O EL NUEVO COLONIALISMO FRANCES. / CFA FRANC AND FRENCH COLONIALISM
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Dear Professor Monray,
ReplyDeleteI truly enjoyed your insights on the monetary policies that France is using on African colonies as a form of colonialism. I also agree that this monetary control restricts the named 14 African countries from progressing and having a strong economic reform. Ultimately, I am interested to see what governmental influence will have on France to eliminate these economic barriers placed on the many colonies of Africa. Thank you, again.
This was very interesting to learn that you believe this is a hidden form of French colonialism. As France let the African colonies separate from them it is still interesting to see how France has a major impact over them and their monetary and financial policies. I do believe your statement that French colonialism is still present holds to be very true as they are not letting the African colonies have economic autonomy.
ReplyDeleteI think it is really informative and expresses how the French still dominate African countries economically speaking
ReplyDeleteI didnt know that any of this was happening. I think think it is really interesting how much influence France has had on the economic state of many african countries.
ReplyDeleteThis definitely made me think differently about different forms of colonialism. The colonialism I'm familiar with is what took place hundreds of years ago.
ReplyDeleteYour insights on France’s monetary influence over its former African colonies highlight how economic control can serve as a modern form of colonialism. It will be interesting to see if international pressure or policy changes push France to grant these nations full financial autonomy.
ReplyDeleteThis video was very informative and interesting and I appreciated how enthusiastic you were about the topic. I knew the French had colonized Africa in the past, but I have no idea that their presence was still felt today not only culturally but also monetarily.
ReplyDeleteIt's amazing to observe how France continues to have a big impact on the monetary and financial policies of its African colonies even after granting them freedom. Given that these countries continue to be economically dependent and lack true financial autonomy, your claim that French colonialism endures is persuasive. Important concerns concerning power, sovereignty, and the actual degree of their independence are brought up by this continuous control.
ReplyDeleteThanks for the video Professor Monray. It is true that the French economically pushed colonialism upon the African colonies. This is a complex issue however, and there was no clear answer of how to decide which currency should be used.
ReplyDeleteI think this is really interesting but also concerning that countries like France are still able to have such a strong colonial affect on smaller countries.
ReplyDeleteThis hidden form of French colonialism shows how France has been able to take advantage of the cheap sources of raw material supplies and captive outlets that these African nations hold.
ReplyDeleteI think that this video was very interesting, I did not realize how the French pushed colonialism to other countries.
ReplyDeleteScott Spencer - I really appreciated your analysis of how France's monetary policies act as a form of colonialism in its African colonies. I agree France has financial dominance of the 14 affected African nations from achieving significant economic progress and reform.
ReplyDeleteThis video offered me so much information on French colonialism, I had no idea that this was a part of French history. Thank you for giving me a better understanding of France's monetary influence over the former African colonies.
ReplyDeleteThis was very informative. I really enjoyed learning about how countries such as France have taken advantage of colonies in Africa. I am interested to see how the currency issues in Africa will be resolved.
ReplyDeleteYour explanation of the creation of the CFA makes me believe that France relies on exploiting the currency in order to benefit their personal economy. However, it does beg the question that if those countries even have the infrastructure to create and maintain their own currency.
ReplyDeleteI found it interesting to hear about how it can be costly and limit a country's monetary policy, but the stability is worth the price.
ReplyDeleteGreat explanation of Frances monetary policies and their influence on the African states.
ReplyDeleteI found it very interesting to hear about how much of an influence France has on Africa. I had no idea any of this was happening.
ReplyDeleteI had no idea that France had monetary control on certain African countries as the CFA does not allow these countries to have their own currency. There is a strong presence of French Colonialism still present in Africa, and this is a modern way to maintain control of other nations.
ReplyDeleteThis was very interesting to learn about as I did not know about it before. It's interesting to see the influence France has had on African colonies' economies to push a type of colonialism and monetary power.
ReplyDeleteI was very interested to learn about how much control that France has on different countries in Africa. I had no idea that they controlled the currencies in these countries.
ReplyDeleteReally interesting stuff. I'm not well-versed in economics or international affairs, so this topic (and this class) is tremendously useful. The concept of neocolonialism is intriguing, and I'm eager to see how the situation with France and the African countries under its economic control will shake out.
ReplyDeleteThis was very eye opening to how colonialism is still affecting so many nations today. I think will be interesting to see if the international community decide to do something to change the agreement and help these countries gain more monetary freedom or continue to ignore this.
ReplyDeleteThank you for sharing your analysis of French monetary policies and their effects on African countries. I had no idea this was happening, and it was interesting to learn how this is a hidden form of French colonialism in African countries. I am interested in seeing how this will continue to unfold since it has many complexities.
ReplyDeleteI think it's crazy that France has such strong control in terms of monetary policies over certain African countries. I feel that besides having liquidity in return, the African countries should get something else valuable. What they should receive is beyond me and I don't know, but I believe this is unfair because they have so much control over these African countries.
ReplyDeleteIt was interesting to learn about how France used the CFA to control the countries in Africa and how it was seen as a form of neocolonialism. I was very surprised to hear that the bank of France controls 50% of the CFA, so these African countries aren't able to further develop.
ReplyDeleteThis video was very insightful. I enjoyed learning about how France has taken advantage of colonies in Africa. I am interested to see how the currency issues in Africa will be resolved.
ReplyDeleteI thought it was very interesting that colonialism is still active today and how there is nothing the African countries can do about it because then their economy would be ruined. Also, it was interesting to learn about this because I was not aware about it at all.
ReplyDeleteI was surprised to learn that France still controls certain African countries through the CFA franc, preventing them from having their own currency. This modern form of influence shows how French colonialism persists in Africa.
ReplyDeleteIt was interesting to learn about the monetary control France has over several African countries. The Franc may provide stability to these countries, however, limits their ability to have control leaving them in a dependent relationship with France.
ReplyDeleteYour insights were very interesting and I learned a lot about the current standing of the CFA Franc and the control France still maintains over various countries in Africa. Through my past studies of French culture and language, I had learned a lot regarding colonialism and the French Franc, but had no idea the extent of control France has. I found it interesting that even after gaining independence, France still pressured African countries to use the Franc as their main currency. I do agree that monetary policy is one of the main tools that leaders have to promote, and think it is crucial to bring awareness to this situation. Personally, I think that if a country is forced to use a different country’s currency, it seems like a weak country with none of their own say.
ReplyDeleteIt's remarkable to see how, even after granted its African colonies independence, France still has a significant influence on their monetary and financial policies. Your argument that French colonialism persists is convincing considering that these nations are still economically dependent and do not have full financial autonomy. This ongoing control raises significant questions about authority, sovereignty, and the true extent of their independence.
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