Postface

Pigeaud, Fanny; Sylla, Ndongo Samba

doi:10.2307/j.ctv1g6q8w3.14

Cited by 4 publications

(5 citation statements)

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“…In a recently published book, Blanc argues that while the colonist left, the experts stayed behind continuing the colonial mission (Blanc, 2022: 55. For an extended discussion of French colonialism in West Africa, see, for example, Pigeaud and Sylla, 2021).…”

Section: Does (Good) Knowledge Translate Into Respectable Equitable E...mentioning

confidence: 99%

Decolonial Dilemmas: The Deception of a “Global Knowledge Commonwealth” and the Tragedian Entrapment of an African Scholar

Serunkuma

2024

Africa Spectrum

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There are multiple initiatives and efforts to grant African scholars “global visibility” – as part of the decolonisation agenda. These efforts have included aiding and enabling African scholars to publish in journals of international renown, speaking or curating courses at Ivy League universities, and being experts on issues about Africa in international media. Other efforts include collaborations and citations in discourses about Africa. While these efforts and opportunities are intellectually and practically irresistible to a scholar from the subaltern world – as are to those offering and facilitating them – they are actually counterproductive to a decolonisation project. The positive energy they generate obscures the histories and power dynamics that govern so-called global spaces and audiences of knowledge production. Problematically presented as benign and benevolent spaces for participation in the “global knowledge commonwealth,” from which mutual understanding grows, and racism and exploitation could be ended, global spaces/audiences, rather grow out, and are core parts of the revolving doors and constantly mutating infrastructures of colonialist hegemony and control.

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Section: Does (Good) Knowledge Translate Into Respectable Equitable E...mentioning

confidence: 99%

Decolonial Dilemmas: The Deception of a “Global Knowledge Commonwealth” and the Tragedian Entrapment of an African Scholar

Serunkuma

2024

Africa Spectrum

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“…Only Guinea (1960), Madagascar and Mauritania (1973) managed to leave the franc zone. Meanwhile, other African countries that have become sovereign have left the monetary zones of their former colonizers and mint their own currencies (Pigeaud & Sylla, 2021).…”

Section: French Exceptionalism: Military Interventionism Monetary Imp...mentioning

confidence: 99%

The Revolt Against Françafrique: What Is Behind the “Anti-French” Sentiment?

Pigeaud,

Sylla

2024

Agrarian South: Journal of Political Economy: A triannual Journ

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This article analyzes the so-called “anti-French sentiment” that many journalists, academics, and political leaders believe they detect in sub-Saharan Africa. It is argued here that the hostility toward the former colonial power, observable for several years in most French-speaking countries on the continent, is the consequence of half a century of neocolonial domination, arrogance, and indifference. The criticism is directed at France for its support for despotic regimes, its continual military interventions, and the maintenance of its monetary supervision through the CFA franc. Long suppressed, these critical voices are now determined to be heard. A new generation of activists using social media has broken through the communication monopolies and appealed to the growing population of youth that sees no future other than through a second independence. The challenge will be to steer this movement toward a project of social transformation in the service of the people.

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“…The Dutch banking system benefits from membership in the monetary union and Dutch banks continue to be important players in the global credit money system. There is of course a longstanding debate over whether a monetary union is actually the right choice for any given state (Gadha et al 2021; Mody 2018; Pigeaud and Sylla 2021). However, despite lacking Westphalian monetary sovereignty, it is far from clear that the Netherlands is placed less favourably in the global monetary system than Denmark (Verdun 2022).…”

Section: Beyond Westphalian Monetary Sovereigntymentioning

confidence: 99%

“…From a perspective of Westphalian monetary sovereignty, membership in a monetary union is often seen as involving a dramatic loss of control over public money issuance (Proctor 2012). However, it is a contested question how membership in a monetary union impacts the state’s ability to achieve its economic policy objectives (Gadha et al 2021; Pigeaud and Sylla 2021; Viehoff 2018). A more modest loss of unilateral control over money occurs when central banks provide swap lines to each other.…”

Section: Effective Monetary Sovereigntymentioning

confidence: 99%

Rethinking Monetary Sovereignty: The Global Credit Money System and the State

Murau¹,

Klooster²

2022

Perspect. polit.

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We propose a new conception of monetary sovereignty that acknowledges the reality of today’s global credit money system. Today, the concept is predominantly used to denote states that issue and regulate their own currency. We reject that Westphalian understanding of monetary sovereignty. Instead, we propose a conception of effective monetary sovereignty that focuses on what states are actually able to do in the era of financial globalization. The conception fits the hybridity of the modern credit money system by acknowledging the crucial role not only of central bank money but also of money issued by regulated banks and unregulated shadow banks. These institutions often operate “offshore”, outside of a state’s legal jurisdiction, which makes monetary governance more difficult. Monetary sovereignty consists in the ability of states to effectively govern these different segments of the monetary system and thereby achieve their economic policy objectives.

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Postface

Cited by 4 publications

References 0 publications

Decolonial Dilemmas: The Deception of a “Global Knowledge Commonwealth” and the Tragedian Entrapment of an African Scholar

Decolonial Dilemmas: The Deception of a “Global Knowledge Commonwealth” and the Tragedian Entrapment of an African Scholar

The Revolt Against Françafrique: What Is Behind the “Anti-French” Sentiment?

Rethinking Monetary Sovereignty: The Global Credit Money System and the State

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