Problems of Economic Development of French-Language Countries and Territories

  • L. B. De Carbon
Part of the International Economic Association Conference book series (IEA)


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


Finance Corporation Debt Service Private Transfer Overseas Country Overseas Territory 
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  1. 2.
    Lord Hailey, An African Survey, 1st Edition, 1938, pp. 1317–18; cf. 2nd Edition, 1956, p. 1321;Google Scholar
  2. derived from S. H. Frankel, Capital Investment in Africa, 1938Google Scholar
  3. 2.
    Cf. L. B. de Carbon, L’Investissement dans les territoires dependants, Cahiers de l’lnstitut de Science Économique Appliquee, Series A, no. 8, 1951.Google Scholar
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    Cf. L. B. de Carbon, ‘Principes et methodes d’expansion economique dans les territoires d’outre-mer’, Chroniques d’Outre-mer, No. 25, May 1956.Google Scholar
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    A. Holleaux, ‘Role de la C.C.F.O.M. dans le financement des plans de developpement économique et social’, La France d’Outre-mer, Études et Informa tions, No. 148, November 1950.Google Scholar
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    A. Postel-Vinay, Director-General of the Caisse Centrale, La Caisse Centrale de Coopération Économique: étages sur les problémes de llanification mimeographed document, August 1960. The figures quoted in what follows and the results of the Finance Corporation’s activities are mostly taken from this document.Google Scholar
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    W. A. Lewis, ‘Problèmes des états nouveaux.’ Bulletin de la Banque Centrale des Etats de l’Afrique de l’Ouest, No. 66, January 1961.Google Scholar
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    Cf. L. B, de Carbon, ‘Politique fiscale et croissance économique’. Bulletin de la Banque Centrale des États de l’A.E.F. et du Cameroun, May 1961.Google Scholar
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    P. Moussa, L’Économie de la zone franc, Séries Que sais-je? Presses Universitaires, 1960.Google Scholar
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    Cf. L. B. de Carbon, ‘Implications des zones monétaires et situation de la zone franc’, Bulletin de la Banque Centrale des États de l’A.E.F. et du Cameroun, February 1961;Google Scholar
  11. G. Leduc, ‘Coordination de la politique monétaire dans l’Union Française’, Revue des Sciences Financieres, November 1952.Google Scholar
  12. 1.
    Cf. L. B. de Carbon, ‘La Garantie des investissements étrangers, son impor tance et ses problèmes’, Bulletin de la Banque Centrale des États de l’A.E.F. et du Cameroun, February 1960.Google Scholar

Copyright information

© International Economic Association 1964

Authors and Affiliations

  • L. B. De Carbon
    • 1
  1. 1.University of NancyFrance

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