{"title":"The Management of the Bank of Senegal and the Formation of a Colonial Economy, 1840s–1901","authors":"Toyomu Masaki","doi":"10.1017/asr.2022.173","DOIUrl":null,"url":null,"abstract":"Abstract In 1854, the Bank of Senegal was established using part of the compensation paid to former slave owners. The bank issued banknotes and provided modern financial services. Masaki analyzes the bank’s management and interrogates the widely accepted argument that merchants from Bordeaux controlled the bank to marginalize African merchants, concluding that the bank largely provided equitable service to this colony. Additionally, Masaki shows that the bank was a site of political struggles for the métis elites and suggests that the complexities of Senegalese society at the time made it difficult to assess the full scope of the bank’s operations.","PeriodicalId":7618,"journal":{"name":"African Studies Review","volume":"66 1","pages":"595 - 617"},"PeriodicalIF":0.8000,"publicationDate":"2023-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"African Studies Review","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1017/asr.2022.173","RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AREA STUDIES","Score":null,"Total":0}
引用次数: 0
Abstract
Abstract In 1854, the Bank of Senegal was established using part of the compensation paid to former slave owners. The bank issued banknotes and provided modern financial services. Masaki analyzes the bank’s management and interrogates the widely accepted argument that merchants from Bordeaux controlled the bank to marginalize African merchants, concluding that the bank largely provided equitable service to this colony. Additionally, Masaki shows that the bank was a site of political struggles for the métis elites and suggests that the complexities of Senegalese society at the time made it difficult to assess the full scope of the bank’s operations.
期刊介绍:
African Studies Review (ASR) is the flagship scholarly journal of the African Studies Association (USA). The ASR publishes the highest quality African studies scholarship in all academic disciplines. The ASR’s rigorous interdisciplinary peer review seeks to contribute to the development of scholarly conversations of interest to the diverse audience of the Association’s membership and to the growth of African studies in North America, on the African continent, and in a global comparative context.