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Una sovranità limitata. Monete coloniali e tallero di Maria Teresa in Eritrea ed Etiopia
Journal Title: CHEIRON 
Author/s: Gian Luca Podestà 
Year:  2019 Issue: 1-2 Language: Italian 
Pages:  34 Pg. 191-224 FullText PDF:  285 KB
DOI:  10.3280/CHE2019-001009
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The creation of a new currency for the Italian colonies in East Africa was driven by various reasons: a) establishing political power; b) re-ducing transaction costs; c) building the colonial economy. The Eritre-ans refused the new colonial coins and forced the colonial government to use Maria Theresa’s Thalers. The ancient Austrian currency was melted into precious objects, which were the families’ savings. These monetary practices were similar to those of the Ancien Régime in Eu-rope. The persistency of the circulation of Thalers suggests the con-tinuing relevance of independent economy and social spaces that con-tradicted the colonial intention to organize a stable controlled monetary system.
Keywords: Africa; Monetary Practices and Colonial Currencies; Cur-rency Transitions, Maria Theresa’s Thalers; Jewelry and Valuable As-sets.

Gian Luca Podestà, in "CHEIRON" 1-2/2019, pp. 191-224, DOI:10.3280/CHE2019-001009

   

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