Money Matters: Instability, Values, and Social Payments in the Modern History of West African CommunitiesJane I. Guyer London, 1995 - 331 sider As currency bills are issued in denominations of thousands or hundreds of thousands, as economies return to barter, and as soldiers riot over their paychecks, people throughout the world are becoming painfully aware of currency instability. But West Africa has been subject to changes and instabilities in currency systems for centuries, and West Africans have long been skilled at negotiating multiple-currency economies at the interface with Europe. Many indigenous African currencies were created at least partly in response to international trade. Some widely circulated African currency items were originally introduced from overseas to finance the slave trade. All colonial money was a European invention. Heavy experimentation on both sides meant that people had to improvise, adjust, and be prepared to suffer and recover from losses. Cultural and social innovation around money was exuberant. No other work has made this argument, and nowhere else has the evidence for currency innovation on the part of African communities been brought together. By examining currency and value in African communities over the past hundred years, this collection offers a social history of ordinary people's conceptions of money, their innovations in its use, and the interactions between indigenous monetary systems and those emanating from the international arena. The contributors to this volume include British, French, Ghanaian, Nigerian, and American scholars, all recognized specialists in the history, economics, and anthropology of African societies. Money Matters offers an essential complement to the new history of imperialism, suggests fresh ways of analyzing money in those vast areas of the globe outsidethe centers of financial power, and contributes to a new economic anthropology of West Africa. |
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Side 61
... dollar , therefore , as Forbes noted in 1849 , " to carry fifty dollars , we had to hire five women " ( [ 1851 ] 1966 , 1:51 ) . By contrast , as explicitly noted by Clarke , one advantage of dollars was their relative " portability ...
... dollar , therefore , as Forbes noted in 1849 , " to carry fifty dollars , we had to hire five women " ( [ 1851 ] 1966 , 1:51 ) . By contrast , as explicitly noted by Clarke , one advantage of dollars was their relative " portability ...
Side 62
... dollar . Forbes in 1850 , for example , generally equated the Dahomian string of 40 cowries with the English penny , suggesting that he took the dollar ( then equivalent to 2,000 cowries , or 50 strings ) as worth 4s . 2d . ( 50 pence ) ...
... dollar . Forbes in 1850 , for example , generally equated the Dahomian string of 40 cowries with the English penny , suggesting that he took the dollar ( then equivalent to 2,000 cowries , or 50 strings ) as worth 4s . 2d . ( 50 pence ) ...
Side 63
... dollars grew during the second half of the century . Forbes in 1850 distinguished explicitly between the " nominal " value of one head of cowries per dollar and the actual exchange value of the dollar , which was 2,400-2,600 cowries ...
... dollars grew during the second half of the century . Forbes in 1850 distinguished explicitly between the " nominal " value of one head of cowries per dollar and the actual exchange value of the dollar , which was 2,400-2,600 cowries ...
Innhold
The Currency Interface and Its Dynamics | 1 |
A Case Study | 8 |
Precolonial Currency Dynamics | 35 |
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Money Matters: Instability, Values, and Social Payments in the Modern ... Jane I. Guyer Ingen forhåndsvisning tilgjengelig - 1995 |
Money Matters: Instability, Values, and Social Payments in the Modern ... Jane I. Guyer Ingen forhåndsvisning tilgjengelig - 1995 |
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Abomey abusua accumulated African Studies Akan Arhin Arochukwu Asante Asantehene Ashanti assets bride bridewealth British currency Cameroon capital cash circulation cloth Coast cocoa coins colonial period colonial rule commodities community banks Congo cowries cultural Dahomey Dahomian dollar Dupré Eastern Nigeria economic Ekejiuba European exchange funeral Gambian Ghana gold grand cabess Guyer Hogendorn Ibadan Igbo imported income indigenous inflation instability institutions iron Journal of African kola nuts Kukua Kumasi Kwélé labor land loans London mandjong manillas marriage payments matrilineal mevek mezong mondjos monetary monetization N'Goko Sangha naira Nigeria Nigerian pound nineteenth century Onitsha oríkì ounce palm palm oil palm wine Paris percent political pre-colonial production raphia region relations rural savings sector silver Slave Trade social payments society sources Teke tion traditional transactions Tsayi UNIVERSITY OF CALIFORNIA University Press village West Africa Whydah wives women Yoruba zong