Abstract
There are, of course, prices in the (independent and dependent) economies of Africa south of the Sahara, just as there are prices in all the countries of the world which have left the barter economy behind them and use some monetary instrument in their payments.
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Notes
Gaston Leduc, Les Hants Prix en Afrique Noire—essai d’analyse comparative, Industries et travaux d’Outre-Mer, Paris, 1953–4.
Cf. G. Leduc, ‘La Communauté économique européene et les pays sousdéveloppés’, Revue Économique, November 1960.
This wide differential has been the subject matter of an excellent specialist study: Sur les marges de commercialisation by M. Le Héragat, Rapport No. IV des comptes économiques de l’Afrique occidentale française pour 1956 (Dakar. March 1959).
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© 1964 International Economic Association
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Leduc, G. (1964). Prices and Price Formation in African Economies. In: Robinson, E.A.G. (eds) Economic Development for Africa South of the Sahara. International Economic Association Conference. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15217-9_14
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DOI: https://doi.org/10.1007/978-1-349-15217-9_14
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