France treated monetary and military pressure as interchangeable weapons.

Evidence

When the monetary weapon failed to bring down Gbagbo ‘like a rotten fruit’, in the words of Alassane Ouattara, in April 2011, France chose to resort to force. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 273

Categorization

  • XREF: Illustrates the book’s thesis that the CFA system is underpinned by coercive force, not economic cooperation. — connects to: France uniquely maintained its currency in politically independent countries — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 130; Bokassa weaponized the currency question to extract aid from France, which capitulated. — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 176; France used the BCEAO Central Bank to paralyze a targeted African government — Fanny Pigeaud_ Ndongo Samba Sylla, Africa’s Last Colonial Currency, 269 (+3 more)

Broader Connections