Was the Cassa per la Circolazione Monetaria della Somalia an Orthodox Currency Board?

Noah Naparst
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Noah Naparst: The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

No 125, Studies in Applied Economics from The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise

Abstract: We provide the first spreadsheet data series for the Cassa per la Circolazione Monetaria della Somalia (loosely translated, Somalia Currency Office), which operated in what is now southern Somalia from 1950-1960, and examine the extent to which it operated as an orthodox currency board. The paper makes the annual balance sheets and income statements of the currency board digitally available and translated into English for the first time. These are included in the companion spreadsheet workbook, along with a summary of legislation related to the Cassa and history of the territory, which are contained in the appendices.

Keywords: Somalia; Italian Somaliland; currency board; monetary policy (search for similar items in EconPapers)
JEL-codes: E59 N17 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2018-09
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Citations: View citations in EconPapers (1)

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https://sites.krieger.jhu.edu/iae/files/2020/01/Wa ... -Currency-Board_.pdf Full text (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:jhisae:0125

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