Ndongo Samba Sylla/nssylla.bsky.social @nssylla Twitter profile

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

A video is circulating showing the Italian PM criticize the #CFA franc in very harsh terms. Wow! Has the Far Right suddenly become “anti-imperialist”? Does this criticism make the Far Right an ally for our long time struggles? Below our take with @fpigeaud

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

5 years

Heureux d'être le vice-Champion du Monde de Scrabble Elite 2019 aux #CDM de la Rochelle @TwitFISF #Kebetu #Senegal

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The #BBC published a piece to “fact check” some claims made on the #CFA franc. Ironically, this piece is full of “fake news”, biased and sloppy statements.

Fact-checking Giorgia Meloni's claim about France

A video of an Italian politician claiming that France exploits African countries has been widely shared. Is she right?

www.bbc.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

[Thread] Many people say that #France does “no longer” need #Africa . Their argument: France’s declining trade share in the continent, and esp. with the 14 countries still using a colonial currency controlled by the French Treasury, the #CFA #franc .

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Thread: Debunking some myths about coups in Africa.

Why are coups making a comeback in Africa? | CNN

In just over a year, Africa has experienced three successful coups (two in Mali and one more recently in Guinea), one unsuccessful coup attempt in Niger, and an arbitrary military transfer of power...

edition.cnn.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

[Thread] The volume I edited on “Imperialism and the Political Economy of Global South’s Debt” with @EmeraldGlobal is out and available electronically. The print version will follow on March 20.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

Comme destination à l’exportation, le #Mali , tout seul (474 milliards FCFA en 2020), est plus important pour le Sénégal que tous les pays de l’UE réunis (264 M; France = 44 M). En acceptant les sanctions de la #CEDEAO contre le #Mali , le #S énégal se tire une balle au ventre.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

[Thread]: French “aid” to Niger and Monetary Imperialism

France and EU cut off financial support to Niger following military coup | CNN

France and the EU have cut off financial support to Niger after a coup toppled the West African country’s democratically elected president.

edition.cnn.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

" #Imperialism and the #Political #Economy of #Global #South 's #Debt " (Edward Elgar), coming soon (end of March 2023). Will keep you posted!

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

I am pleased to inform that I joined @DevEconNetwork @DevEcoAfr as the Africa Director for Research and Policy. New and exciting challenges ahead!

IDEAs

@DevEconNetwork

1 year

IDEAs is pleased to inform that Dr Ndongo Samba Sylla has been appointed the Africa Director for Research and Policy. Dr Sylla is a well known progressive African economist. He is Senegalese and will work out of Dakar Senegal. Congratulations Dr Sylla.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

After 11 years, my wonderful companionship with the Rosa Luxemburg Foundation ended some weeks ago. I am grateful to my colleagues and to the directors for their trust and the friendly environment. These have been productive years. Time for new challenges. La luta continua!

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

“Voluntary” is not the appropriate adjective. Most African leaders who opposed this “currency arrangement” were killed, removed from power or imposed financial sanctions with the complicity of the French government. See our book.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

For us, the Far Right is not an ally. Their "popularity" and their seemingly anti-imperialist stance are an unfortunate indicator of the tragic state of the European/Western Left.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

5 years

Non, le #franc CFA n'est pas mort. #Macron et #Ouattara se sont seulement débarrassés de ses atours les plus polémiques. Le coeur du système est bel et bien en place :

La fin du franc CFA annoncée par Emmanuel Macron et Alassane Ouattara

Le franc CFA sera remplacé en Afrique de l’Ouest par l’Eco et la réserve d’argent des Etats africains sur un compte du Trésor français sera supprimée.

www.lemonde.fr

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

Mon jeune frère, #Mactar #Sylla , est arrivé 3e aux Champ. Monde #Scrabble Francophone en #blitz #cdmAix2021 ; Mactar a été champion du monde blitz en 2007 et nous avons été 2 fois champion du monde en paires (2007; 2016) ; félicitations à lui...premier titre pour le Sénégal🥳🥳

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

An excellent piece by @battleforeurope on the recent coup in #Niger , "this is more than just a story about France’s waning hegemony and US military presence in the region. [It] also threatens a $13-billion dollar (gas) project" connecting Africa to Europe

Niger and the collapse of France's empire

Western intervention could soon backfire

unherd.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

6 months

Faye-Sonko face au défi du "système dette": "c’est près de 18 milliards de dollars, soit environ 11 000 milliards de francs CFA qui devront être payés aux créanciers du Sénégal durant la période 2024-2029"

SORTIR DU SYSTÈME DETTE : FAYE-SONKO FACE AU LEGS DE L’ÉMERGENCE

L’arrivée au pouvoir de Bassirou Diomaye Faye, président fraîchement élu, et de son ami et mentor, Ousmane Sonko, nouveau Premier ministre, charrie les espoirs de la majorité des Sénégalais. La...

www.seneplus.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

It is time for people to stop generalizing to a whole continent an issue affecting mostly French-speaking countries under #neocolonialism . To end ‘successful’ coups in “Africa”, maybe it is time to start thinking about ending the CFA franc and foreign military interventions.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

7 months

Mon grain de sel sur le projet d'une monnaie nationale pour le Sénégal en remplacement du #franc #CFA

QUI A PEUR D’UNE MONNAIE NATIONALE POUR LE SÉNÉGAL ?

Courte foire aux questions

www.seneplus.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The European/Western Left should blame itself. The Far Right is only “filling the void” it has left in national as well as international affairs.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The heavily subsidies tomato cans produced by Italian companies are exported to Ghana…to destroy national tomato self-sufficiency and livelihoods. Market violence!

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

5 months

A true honor to have presented today at la Havana, Cuba, #NIEO50 , a joint submission with @jasonhickel on "Proposals for unilateral #decolonisation and #economic #sovereignty "

Progressive International

@ProgIntl

5 months

@VarshaGandikota @davidrkadler @ernestosamperp @UNCTAD @FadhelKaboub @GISP_Tweets @CeciliaRikap @MarlonOchoaHN @SAMissionNY @AAbdenur @MarkWeisbrot @ceprdc @JasonBraganza1 @AFRODAD2011 @NiclasHallstrom @GuillaumeLong At #NIEO50 @nssylla identified 6 principles for unilateral decolonisation & economic sovereignty 1. Reduce material-technical dependency on the Global North. 2. Regain national control over foreign exchange earnings. 3. Make strategic use of foreign exchange for national

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Their “anti-imperialist” rhetoric of the Far Right is deployed on the background of an undisguised hatred against Africans and so-called “migrants”. It also camouflages Italian “market imperialism” (as opposed to “state imperialism”).

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The impoverished Ghanaian tomato producers whose livelihoods were destroyed by Western/EU trade policies…ended up picking up tomatoes in #Italy .

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The #CFA #franc has been a kind of shameful and dirty secret for France. With limited exceptions, the French Left and media have always been silent on this harmful colonial relic and on French Imperialism more generally.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Any form of international solidarity with #Africa must be premised on the acknowledgement of the harmful ongoing policies imposed by the EU, US, IMF, WTO, World Bank, etc.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Every time the Italian government has been lectured by its French counterpart, especially on migration, raising the CFA franc has been a convenient way for Rome to “retaliate”. This was already the case on January 2019.

The African Currency at the Center of a European Dispute (Published 2019)

What is the French-backed currency, the C.F.A. franc, used by 14 nations in western and central Africa?

www.nytimes.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Quand le président nigérien renversé justifiait le coup d'Etat au Tchad, en présence de son homologue français, au nom de la ...stabilité. Comprenne qui pourra !

Facely Konaté

@FacelyKonate1

1 year

Quand le président #Bazoum tentait de justifier au nom de l’UA, le putsch au #Tchad . Il affirmait de façon voilée qu’on a sacrifié la démocratie au Tchad sur l’autel de la sécurité et de la stabilité dans la région. Aujourd’hui, on est prêt à rétablir l’ordre constitutionnel au

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The Italian politicians, Far Right included, never acknowledge the responsibility of the “free trade” policies the EU (and the Italian govt) regarding the underdevelopment of Africa and the resulting “illegal” migration flows to Europe.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

Le #S énégal a émis un #eurobond de "775 millions d’euros, soit 508 milliards de FCFA, avec un taux d’intérêt fixe de 5,375 %" pour une maturité de 16 ans. 70% sera utilisé pour racheter un eurobond expirant en 2024. Belle illustration du schéma de Ponzi...

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The Far Right discourse on the CFA franc (and Africa’s underdevelopment) is just demagoguery. They have taken no concrete steps at the EU level to end this “currency arrangement”…which is under Eurozone institutions' legal authority.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Le livre-référence sur la " #Fran çafrique" est dorénavant disponible en format poche. Un trésor de connaissances...🔥🔥🔥

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Thread: #Democracy in post-independence #Africa . A non-Western-centric view. My friend @KaiKodden invited me at the Univ of #Bayreuth on May 2022 to deliver a #Masterclass entitled “Rethinking #Democracy & Economic #Liberation in Post-Independence #Africa ”.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

During the last six decades, successive generations of anti-imperialist African economists and politicians have been documenting French (monetary) imperialism and its devastating record in terms of development in #CFALAND .

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

Le projet de loi sur "la fin du #franc #CFA " en Afr. de l'Ouest confirme ce que nous disions dans nos articles précédents et dans notre livre avec @fpigeaud #L 'arme invisible de la #Fran çafrique. #Syst ème #CFA toujours en place. #Domination #mon étaire rendue un peu moins visible

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

I am happy to observe that CNN reporting starts to switch from the "return" of coups in " #Africa " narrative to the "disintegration" and crisis of " #Fran çafrique" one. Even the (harmful/neocolonial) #CFA #franc is quoted 🔥

Analysis: Gabon coup shows how France’s influence on its former territories is disintegrating | CNN

When President Leon Mba of Gabon was toppled by the military in 1964, then-French President Charles de Gaulle sprang into action and immediately sent French troops to restore Mba to power.

edition.cnn.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Recent coups do indicate no particular trend about the political “health” of the continent but they reveal a reality people are loathe to acknowledge: the crisis of French #imperialism .

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

Au #S énégal, les «cinq coléreuses», ces cinq jours de #manifestations violentes, du 4 au 8 mars, ont révélé l’existence d’un virus plus dangereux que le SRAS Cov2: la crise de confiance entre les jeunes et les institutions démocratiques" à lire dans le Monde Diplo @mdiplo #kebetu

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

Guess what? just received the intellectual weapon against the "invisible weapon"😉 thanks to @PlutoPress @neda_teh @battleforeurope @billy_blog and all those who wrote nice words to endorse our book with Fanny Pigeaud @fpigeaud

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

[1/2] Book Launch: Imperialism & the Political Economy of Global South's Debt, 18th April from 1 pm London time with @Economics_OU , @ChristinaLaska1 , @rosaluxglobal , @RLS_dakar Event will be in ENG, FR, SP Free Registration here:

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

From an African perspective, it’s a welcome development that the CFA franc gets more global publicity as the incident outcome of “intra-European contradictions”.

Africa's Last Colonial Currency

Colonialism persists in many African countries due to the continuation of imperial monetary policy. This is the little-known account of the CFA Franc and eco...

www.plutobooks.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

There are currently two strong determinants of ‘successful coups’ in Africa: being a former #French #colony and being in a zone militarized by foreign powers.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

7 months

My long held view: Senegal would be "better off if it had its own currency system, not one [the CFA franc] that was designed to serve colonial and external interests".

Senegal's opposition hopes promise of new national currency will win votes

The economy is expected to prove a key issue in Senegal's upcoming presidential election. With campaigning for the 24 March polls in full swing, the opposition coalition says replacing the colonial...

www.rfi.fr

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

#Franc #CFA - le secret bancaire plus fort que la “démocratie” : impossible d’avoir accès à une annexe à la convention entre la #BCEAO et la #France . Ci-dessous la réponse du gouvernement fr à la question du Sénateur Pierre Laurent @plaurent_pcf

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Take the case of “illegal” migrants from #Ghana to #Italy . Some of them used to be rural workers. Their livelihoods have been devastated by the trade liberalization agenda advocated by the #EU and its member countries like #Germany , #France , #Italy , etc.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Conclusion: French "aid" to "Niger" cannot be considered a NET transfer of resources. On the contrary, everything points to Niger "helping" France. French interests will “suffer” more than Niger from France’s decision to cut off “aid” to Niger.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

A lire aujourd'hui dans #enquetejournal : notre récente lettre ouverte sur la #souverainet é #économique et #mon étaire, la critique des modèles de #d éveloppement existants, la riposte africaine face à la #pand émie, etc.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

8 months

La démocratie SN « née en 1789 » (haha) vient d’envoyer 2 messages : (i) Niger, Burkina Faso, Mali : ne vous pressez pas pour les élections ; (ii) CEDEAO : ne vous mêlez pas de politique…vous n’avez pas d’instrument contre le bonapartisme. Vive l’Etat de droit « françafricain »!

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

But guess what? All countries where coups were observed since 2020 are former French colonies, except for Sudan: Burkina Faso, Mali, Guinea and recently Niger.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

The crisis of French #imperialism is also visible in the highly repressive character of French-speaking African countries that are portrayed as “ #democracies ” – i.e. “loyal” to Western interests - and which suppress violently internal dissent and the opposition.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The topic of this piece is a currency supposed to be “African”. It’s “surprising” that the #BBC interviewed or quoted no African, especially those who critically work on it.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

5 years

My latest piece on #MMT insights for #developing countries, i.e. countries with limited #monetary #sovereignty but which do not lack real resources @rosalux_global @rosaluxstiftung @RLS_dakar @Mon_Sovereignty @moneyontheleft @RealProgressUS @FadhelKaboub

Modern Monetary Theory in the Periphery - Rosa-Luxemburg-Stiftung

What does MMT have to offer developing nations?

www.rosalux.de

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Whenever they speak about it, they tend to repeat their govt’s propaganda. See below the article by @fpigeaud on this.

Franc CFA: le silence complice des progressistes français

À quelques rares exceptions près, les progressistes français ne se sont pas intéressés aux récentes manœuvres du pouvoir macroniste qui visent à prolonger la durée de vie du franc CFA. Leur silence p…

blogs.mediapart.fr

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

It’s time for me to return to more urgent matters! As critical intellectuals, our task is to creating internationalist ties that everywhere liberate the exploited and the oppressed from their shackles.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Fortunately, there exist few good reporting by independent Western journalists that do not repeat the “fake news” propagated by French officials and their experts.

The Iron Grip of the CFA Franc | Helen Epstein

What is wrong with Africa? Of the world’s twenty-five poorest countries, twenty-one lie south of the Sahara. Crowded streets and informal markets from

www.nybooks.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Well, it’s time we devise a proper “Economics of Imperialism 101” curriculum for the cheerleaders of global domination and a proper "Economics for liberation 101" curriculum for the friends of global equality.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

"BRICS may be a vibrant anti-west effort, but it is also clearly not reflecting a more progressive dynamic alternative to the current post-colonial neoliberal finance capital led system."

BRICS Expansion: Remember the Molotov–Ribbentrop Pact?

On August 23, 2024 it was announced that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates have been invited to join as full

www.counterpunch.org

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

8 months

Mali, Burkina Faso and Niger decided to exit from the #Ecowas . Is this a surprise? Let us remember what the Pan-Africanist scholar Cheikh Anta Diop said about #ECOWAS to Carlos Moore, in an interview in 1975-6...

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

As the organizers of the 2019 #Tunis #Conference on #AfricanMonetarySovereignty , we are happy to announce the publication of our volume with @PlutoPress : Thanks for their support to @rosaluxglobal @rosaluxna @rls_Dakar @GISP_Tweets #politicsomoneynetwork

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Their argument has a name: the “small ratio argument” (SRA). It was used by those who denied the tremendous economic impact of the slave trade on the economic development of the West. It is now used by the cheerleaders of French #neocolonialism .

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The intent behind such kind of exercise is to try indirectly to discredit and delegitimize valid criticisms against the #CFA franc as a colonial currency (same organizing rules since colonial times).

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Join us today from 12.30 EST (16.30 GMT). With @HarvardLPE we will exchange on the foreign currency debt of the Global South and how to address the "debt system". Registration link:

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Would European countries still have chocolate industries if the African and Lat. Am. countries that produce most of the world cocoa stopped exporting this commodity? Do the USD value of cocoa exports really reflect their economic importance for the world economy and trade?

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

[Thread] In their official reports, French officials acknowledge the strategic importance of #Africa for Europe’s future. They often subtly reiterate President Mitterrand’s 1957 warning that “Without Africa, France will have no history in the twenty-first century.”

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Our book on the CFA franc is available in Italian thanks to the efforts by Thomas Fazi @battleforeurope

L'arma segreta della Francia in Africa - Fanny Pigeaud, Ndongo Samba Sylla | Fazi Editore

«Senza conoscere necessariamente tutti i dettagli tecnici del caso, un numero crescente di cittadini africani si sta rendendo conto del fatto che sarà impossibile determinare liberamente il proprio...

fazieditore.it

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Coups in Francophone Africa reveal attempts by some countries to delink from France’s grip ( #Mali , #Burkina ) as well as attempts by France to maintain its influence (the coup in #Chad was backed afterwards by France and created no particular issue for the #West ).

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

What would have happened to the French nuclear #military industry which until recently was 100 % dependent on the #uranium from #Niger if Niger could stop the export of this ecologically devastating product?

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

On August 26 and 27, I will be speaking with comrades in #Nigeria and #Ghana on the #Niger situation, the crisis of French #Imperialism , and the need for authentic democratic alternatives. See below. (1/2) First event with #Socialist #Labour (Nigeria):

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

7 months

If you are in Barcelona, please join us tomorrow for a public lecture at the @UABBarcelona organized by Prof. Jason Hickel, @jasonhickel . You will not regret it :-)

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

In our fight against the #CFA system, we have benefited from the intellectual and activist support of a number of people across the world we cannot enumerate here. They will recognize themselves. We are grateful to them for their #solidarity .

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

Just received a copy of #Celso #Furtado 's 1974 book, The #Myth of #Economic #Development , published in English by @politybooks . Honoured to have written the intro of this must-read from the late Brazilian economics giant (1920-2004). Thanks to @cacrisalves for having shared refs.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

Personne ne pourra dire que certains n'avaient pas averti sur la situation du pays, et notamment l'absence de perspectives pour cette jeunesse sénégalaise aujourd'hui en révolte. En mai 2018, je déclarais ceci sur une radio sénégalaise.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Needless to repeat that the imposition of the #CFA #franc has blocked African economic development. Take Ivory Coast, the biggest CFA franc using economy. Its inhabitants are poorer now than they were in 1978.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Coup in Gabon: a friend and I were speculating yesterday evening whether Gabon would succumb to a coup given the farcical electoral process. Bingo! A new episode in the crisis of French Imperialism (this coup might not be of the Nigerien "kind"..we'll see)

Gabon coup: Army seizes power from Ali Bongo and puts him in house arrest

President Bongo urges people to "raise your voice" in a video after the army said it had seized power.

www.bbc.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

In 2021, Russia “only” accounted for 2.3 % of German foreign trade. A SRA-user would conclude that Russia is hardly relevant for #Germany ’s economic well-being. Is it really the case?

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Actually #French "aid" (i) is not a NET transfer of resources to #Niger ; (ii) it benefits the French economy more than the Nigerien economy and population.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

5 years

L' #ECO commence à montrer son vrai visage : une diversion pour taire la demande d'abolition du #franc CFA

Ouattara: "il n'y aura pas de changement de parité entre le FCFA, devenu Eco, et l'Euro"

- "Nous considérons que ce taux de change fixe vis-à-vis de l'Euro a bien servi nos économies à maîtriser l'inflation", a déclaré le Président ivoirien - Anadolu Ajansı

www.aa.com.tr

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

Le #sommet de #Paris sur le #financement des #économies #africaines se tient aujourd'hui. Que faudrait-il en espérer ? Un début de réponse est à trouver dans un article coécrit avec Daniela Gabor @DanielaGabor

La doctrine Macron en Afrique : une bombe à retardement budgétaire | Le Grand Continent

La doctrine Macron en faveur d'un axe euro-africain est-elle vraiment sérieuse ? Selon deux économistes, le consensus de Paris prolongera celui de Wall Street sur l'utilisation des partenariats...

legrandcontinent.eu

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 months

Les protestations au Kenya contre l’infâme loi des Finances me font penser à ce passage-ci du livre de Joseph Pouemi (1980) qui décrivait le FMI comme un "Fonds de Misère Instantanée". 44 ans plus tard, le FMI a peu changé, aidé il est vrai par un leadership africain sans vision

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

10 months

Si vous avez aimé "L'arme invisible", vous aimerez certainement ce "complément" indispensable qui paraîtra en janvier 2024 : une histoire des relations franco-africaines (1789-2023) racontée sous le prisme de la #d émocratie et des #élections.

Fanny Pigeaud

@fpigeaud

10 months

Allez, levons un coin du voile sur cette mystérieuse suite 🔥💥🔥 à « L’arme invisible » qui s’annonce :

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

#Niger is being described as a country with a “democratic” tradition. In 1996, French officials were “happy” with the military coup by I.B. Maïnassara. When the latter was killed during a new coup, they lamented a “democratic setback”.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

“smallness in an absolute sense tells us nothing about the contextual or causal significance of Europe’s trade with the periphery […] Without consideration of the composition of trade the interindustrial linkages and differential multiplier effects […] small ratios are empty”

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

BBC does omit that this figure is a nominal interest rate. Real rates have often been negative, i.e, actually “African” central banks have been paying the French Treasury to hold their forex.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 years

Call for papers for a forthcoming volume on " #Imperialism and the #Political #Economy of #Global #South 's #Debt ". Deadline for abstract submission: 21st July 2021. Please circulate the information.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

19 days

Our intro to the @DevandChg Forum Issue on #Global #Reparations is open access. A pleasure to have been part of this stimulating editorial project with @AndrewM_Fischer , @anninak82 and Sree Sathi.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

This excellent piece by #Prabhat #Patnaik is a recommended reading: "in one segment of this world #decolonisation itself was never completed. The former #French colonies of #West #Africa belong to this segment."

The Stalled Decolonisation

Much of the ex-colonial world, having set up dirigiste regimes to wrest control over its natural resources from metropolitan capital and to build up industries behind protectionist walls, was sought...

www.networkideas.org

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Now, what they have been saying – their legitimate message - is being amplified by the Italian Far Right in its own distorted way.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

5 years

Les pays de l'UEMOA ont annoncé le retrait de leurs devises logées au Trésor français. Vont-ils aussi récupérer 85% de leur stock d'or qui se trouve à la Banque de France ? Ci-dessous un extrait des "Etats financiers de la BCEAO au 31 décembre 2018" page 45

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

It should also be pointed out that French "aid" is often "tied": for every 100 euros of #ODA contracts awarded, 74 euros will end up in the pockets of French companies (OECD 2020 figure; see below p.14).

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Un moment historique à l'Assemblée Nationale du #S énégal : le député Guy Marius Sagna parle pendant dix minutes de la question du #franc #CFA , une #monnaie #coloniale encore utilisée par 200 millions d'Africain.e.s.

Affaire F CFA : Le discours musclé de Guy Marius devant le ministre...

#Senegal7 #Senegal #Team221 #Galsen #Sonko #Politique #MackySall #WallySeck #SadioManepage facebbok : https://web.facebook.com/senegal7officiel/Abonnez-vous ...

www.youtube.com

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Instead of engaging with the work of African intellectuals and with the fake news propagated by the French government and officials, it has always been easier to “fact check” claims no expert made.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

9 months

My first published op-ed for 2024, with @ProSyn : Using the lens of Modern Money Theory ( #MMT ) to understand - and find lasting solutions to - the #Global #South ’s #Debt #Crisis .

The Conceptual Roots of the Global South’s Debt Crisis | by Ndongo Samba Sylla - Project Syndicate

Ndongo Samba Sylla argues that developing countries’ current distress is partly the result of some dominant economic beliefs.

www.project-syndicate.org

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

8 months

Mon interview avec @aa_french sur la décision du #Niger , du #Burkina Faso et du #Mali de se retirer de la #CEDEAO et ses éventuelles implications.

Retrait de trois pays sahéliens de la Cédéao : « Une tension à court terme » (Expert)

-« Et qui va se résoudre petit à petit » - Anadolu Ajansı

www.aa.com.tr

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

3 months

Pleased to have contributed with @fpigeaud to this fantastic @Agrarian_South issue on #social #movements : "The Revolt Against Françafrique: What is Behind the "Anti-French" Sentiment?"

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

Those who use the SRA, like much mainstream economics, do not make the elementary yet crucial distinction between “statistical significance” and “economic significance”. They judge the latter by the former. Theoretical poverty of #empiricism !

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

1 year

Take Niger. It recorded its best level of real GDP per capita in 1965. Its current real GDP per capita is 59% lower than this pic performance. (Data come from the World Bank development indicators, checked today).

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

The author who powerfully debunked the SRA is William Darity Jr, @SandyDarity , in the collective volume below. On chap. 9, he wrote:

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

2 years

So, using the existing international price structure to argue the so-called economic insignificance of Global South countries for the well-being of #imperialist countries is an “original sin” of all conventional and unsophisticated forms of economic analysis.

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

Comme je l'explique dans mon livre "La #D émocratie contre la #R épublique", la "démocratie représentative" n'est pas le "gouvernement de la majorité". C'est une #oligarchie : le gouvernement de la "minorité décisive". Le #Mali n'échappe pas à la règle (source: IDEA).

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Ndongo Samba Sylla/nssylla.bsky.social

@nssylla

4 years

Un tableau pour illustrer le changement dans la structure de l'endettement du Sénégal, pays dont la dette est détenue principalement par des créanciers privés : 4,5 milliards en 2018. Pas facile d'effacer l'ardoise dans ce cas ! Mais la lutte continue...

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