Problems of Economic Development of French-Language Countries and Territories
L. B. Carbon
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L. B. Carbon: University of Nancy
Chapter Chapter 5 in Economic Development for Africa South of the Sahara, 1964, pp 138-183 from Palgrave Macmillan
Abstract:
Abstract The French-language countries and territories south of the Sahara cover an area of eight million km? (fifteen times the size of France) and their population in 1956–7 was 33 million (see Annex I for separate figures). Of the fourteen countries concerned,2 three (Mauretania, the Central African, and the Gabon Republic) each have well under one million inhabitants: Madagascar, the most populous, has five; most others have somewhat more than two and a half million. It is true that these countries have often retained or re-established certain earlier links which have the effect of pushing out the frontier (customs union, common currency for several countries); nevertheless, the first question that comes to mind is whether any of them have the ‘minimum demographic size’ necessary in relation to the general costs and expenses of economic develop ment. For France’s division into 21 economic regions, it was held that ’the size of the regions must not be arbitrary. For example, if a development corporation is to function properly, it has to employ first-class personnel, and to do so it generally has to be able to count on work worth at least 2 billion old francs a year’.3
Keywords: Finance Corporation; Debt Service; Private Transfer; Overseas Country; Overseas Territory (search for similar items in EconPapers)
Date: 1964
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15217-9_5
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DOI: 10.1007/978-1-349-15217-9_5
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