The study briefly presents some of the geographic and historical specifics of the Sub-Saharan region. It then analyses the main demographic, economic and trade features which determine its dynamic development and the great interest expressed by the main players in global economy.

Among the economists who participated in the discussions about a new international and monetary order between the two world wars was Friedrich Hayek. Although they have been the subject of attention, - his positions and proposals of the 1930s on this topic, they are relatively less studied. In...