Maha Ben Gadha is Economic Programme Manager at the North Africa office of the Rosa Luxemburg Foundation.Fadhel Kaboub is Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity.Kai Koddenbrock is a political economist at Africa Multiple Cluster of Excellence at the University of Bayreuth.Ines Mahmoud is Economic Programme Manager at the North Africa office of the Rosa Luxemburg Foundation.Ndongo Samba Sylla is a Senegalese development economist. He has previously worked as a technical advisor at the Presidency of the Republic of Senegal, and is the Africa Director of the International Development Economics Associates (IDEAs). He is the co-author of Africa’s Last Colonial Currency: The CFA Franc Story and author of The Fair Trade Scandal.

• Foreword - Prabhat PatnaikIntroduction - By the editorsPart I: The contemporary global economic and monetary order1. China’s Finance and Africa’s Economic and Monetary Sovereignty - Radhika DesaiPart II: Challenges to monetary sovereignty in the postcolonial periphery2. Banking, Business, and Sovereignty in Sudan (1956–2019) - Harry Cross3. Money, Finance, and Capital Accumulation in Zimbabwe - Francis Garikayi4. Monetary Policy in Algeria (1999–2019): An economic and monetary history approach - Fatiha TalahitePart III: Increasing sovereignty through monetary unions?5. The West African CFA Franc Zone as a Double Monetary Union: Loss of economic competitiveness and anti-developmental path-dependencies - Carla Coburger6. The CFA Franc Under Neoliberal Monetary Policy: A labour-focused approach - Hannah Cross7. From Central Bank Independence to Government Dependence: Monetary colonialism in the Eurozone - Thomas Fazi8. Geopolitics of Finance in Africa: Birth of financial centres, not monetary unions - Elizabeth CobbettPart IV: Alternatives9. The Great Paradox: Liberalism Destroys the Market Economy: The pitfalls of the neoliberal recipe forAfrican economic and monetary sovereignty - Heiner Flassbeck10. Food Sovereignty, the National Question, and Post-colonial Development in Africa - Max Ajl11. Being Poor in the Current Monetary System: Implications of foreign exchange shortage for African economies and possible solutions - Anne Löscher12. The German Push for Local Currency Bond Markets in African Countries: A pathway to economic sovereignty or increased economic dependency? - Frauke BanseNotes on Editors Notes on Contributors Index

‘A timely and engaging book using the lens of monetary sovereignty to analyze the African continent’s economic challenges. A must read’

Maha Ben Gadha is Economic Programme Manager at the North Africa office of the Rosa Luxemburg Foundation.Fadhel Kaboub is Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity.Kai Koddenbrock is a political economist at Africa Multiple Cluster of Excellence at the University of Bayreuth.Ines Mahmoud is Economic Programme Manager at the North Africa office of the Rosa Luxemburg Foundation.Ndongo Samba Sylla is a Senegalese development economist. He has previously worked as a technical advisor at the Presidency of the Republic of Senegal, and is the Africa Director of the International Development Economics Associates (IDEAs). He is the co-author of Africa’s Last Colonial Currency: The CFA Franc Story and author of The Fair Trade Scandal.

• Foreword - Prabhat PatnaikIntroduction - By the editorsPart I: The contemporary global economic and monetary order1. China’s Finance and Africa’s Economic and Monetary Sovereignty - Radhika DesaiPart II: Challenges to monetary sovereignty in the postcolonial periphery2. Banking, Business, and Sovereignty in Sudan (1956–2019) - Harry Cross3. Money, Finance, and Capital Accumulation in Zimbabwe - Francis Garikayi4. Monetary Policy in Algeria (1999–2019): An economic and monetary history approach - Fatiha TalahitePart III: Increasing sovereignty through monetary unions?5. The West African CFA Franc Zone as a Double Monetary Union: Loss of economic competitiveness and anti-developmental path-dependencies - Carla Coburger6. The CFA Franc Under Neoliberal Monetary Policy: A labour-focused approach - Hannah Cross7. From Central Bank Independence to Government Dependence: Monetary colonialism in the Eurozone - Thomas Fazi8. Geopolitics of Finance in Africa: Birth of financial centres, not monetary unions - Elizabeth CobbettPart IV: Alternatives9. The Great Paradox: Liberalism Destroys the Market Economy: The pitfalls of the neoliberal recipe forAfrican economic and monetary sovereignty - Heiner Flassbeck10. Food Sovereignty, the National Question, and Post-colonial Development in Africa - Max Ajl11. Being Poor in the Current Monetary System: Implications of foreign exchange shortage for African economies and possible solutions - Anne Löscher12. The German Push for Local Currency Bond Markets in African Countries: A pathway to economic sovereignty or increased economic dependency? - Frauke BanseNotes on Editors Notes on Contributors Index

‘A timely and engaging book using the lens of monetary sovereignty to analyze the African continent’s economic challenges. A must read’

Maha Ben Gadha is Economic Programme Manager at the North Africa office of the Rosa Luxemburg Foundation.Fadhel Kaboub is Associate Professor of Economics at Denison University and President of the Global Institute for Sustainable Prosperity.Kai Koddenbrock is a political economist at Africa Multiple Cluster of Excellence at the University of Bayreuth.Ines Mahmoud is Economic Programme Manager at the North Africa office of the Rosa Luxemburg Foundation.Ndongo Samba Sylla is a Senegalese development economist. He has previously worked as a technical advisor at the Presidency of the Republic of Senegal, and is the Africa Director of the International Development Economics Associates (IDEAs). He is the co-author of Africa’s Last Colonial Currency: The CFA Franc Story and author of The Fair Trade Scandal.

• Foreword - Prabhat PatnaikIntroduction - By the editorsPart I: The contemporary global economic and monetary order1. China’s Finance and Africa’s Economic and Monetary Sovereignty - Radhika DesaiPart II: Challenges to monetary sovereignty in the postcolonial periphery2. Banking, Business, and Sovereignty in Sudan (1956–2019) - Harry Cross3. Money, Finance, and Capital Accumulation in Zimbabwe - Francis Garikayi4. Monetary Policy in Algeria (1999–2019): An economic and monetary history approach - Fatiha TalahitePart III: Increasing sovereignty through monetary unions?5. The West African CFA Franc Zone as a Double Monetary Union: Loss of economic competitiveness and anti-developmental path-dependencies - Carla Coburger6. The CFA Franc Under Neoliberal Monetary Policy: A labour-focused approach - Hannah Cross7. From Central Bank Independence to Government Dependence: Monetary colonialism in the Eurozone - Thomas Fazi8. Geopolitics of Finance in Africa: Birth of financial centres, not monetary unions - Elizabeth CobbettPart IV: Alternatives9. The Great Paradox: Liberalism Destroys the Market Economy: The pitfalls of the neoliberal recipe forAfrican economic and monetary sovereignty - Heiner Flassbeck10. Food Sovereignty, the National Question, and Post-colonial Development in Africa - Max Ajl11. Being Poor in the Current Monetary System: Implications of foreign exchange shortage for African economies and possible solutions - Anne Löscher12. The German Push for Local Currency Bond Markets in African Countries: A pathway to economic sovereignty or increased economic dependency? - Frauke BanseNotes on Editors Notes on Contributors Index

‘A timely and engaging book using the lens of monetary sovereignty to analyze the African continent’s economic challenges. A must read’