14 result(s) for “Paris”
On January 12, 1994, a decision from Dakar shattered the monetary certainties of 14 African countries. The CFA franc suddenly loses 50% of its value against the French franc. For Ivory Coast, the largest economy in the West African Economic and Monetary Union (UEMOA), it is both a painful electric shock and a structura...
In the 1990s, the International Monetary Fund and the World Bank exercised unprecedented control over the Ivorian economy and politics. Between imposed remedies and deep social fractures, the results of this decade remain, even today, a subject of controversy.