The article analyses the reorganization process of the monetary setting in Ethiopia started in 1941 along with decolonization, when the Italian colonial rule came to an end. The country regained independence and the former Ethiopian empire was restored. The monetary reform in Ethiopia after...

Aims, functions and usefulness of central banks in less developed countries have been the topic of a widespread debate started in the 60s following the process of decolonization. The paper attempts to contribute to clarify some relevant points of the subject under discussion. Prior to the turn...

Eritrea is listed among those countries of Africa, whose independence has been lately achieved. Notwithstanding the monetary and banking history of Eritrea goes back to the Italian colonial settlement on the Red Sea shore of 19th century. The paper offers an overview of the early stages of the...