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A Modern History of Monetary and Financial Systems of Congo 1885-1995

Format: Hardback
Publisher: The Edwin Mellen Press Ltd, New York, United States
Imprint: Edwin Mellen Press Ltd
Published: 19th Jan 2007
Dimensions: w 150mm h 230mm d 25mm
Weight: 680g
ISBN-10: 0773454764
ISBN-13: 9780773454767
Barcode No: 9780773454767
This study addresses the modern history of money and finance in the region of the current Democratic Republic of Congo during the period 1885-1995. It begins by exploring a series of devices that served as money in the ancient Kingdom of Congo (13th-17th century), from Nzimbu, a small seashell, to Mbongo, a common term for money in today's Congolese languages. The study also examines monetary and financial provisions set up for the Congo Free State (1885-1908) and the main strands of King Leopold II's financial policy.

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"... written by a former top banking system and government official of the Democratic Republic of Congo, [this work] provides a fascinating account of the evolution of money in the Congo from the stability of the seashell currency of the ancient Kingdom of the Congo... to the instability of the banking collapses just prior to the collapse of the Mobutu regime in 1997..." - Professor Mervyn K. Lewis, University of South Australia"