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Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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Culture, Politics, and Money Among the Yoruba (Hardcover)
Loot Price: R4,326
Discovery Miles 43 260
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Culture, Politics, and Money Among the Yoruba (Hardcover)
Expected to ship within 12 - 17 working days
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This masterful book investigates and analyzes several aspects of
money among the Yoruba of Nigeria. Falola and Adebayo explore the
origin, philosophy, uses, politics, and problems of acquiring and
spending money in Yoruba culture. No prior book exists on this
aspect of a major ethnic group in Africa with established
connections with the black Diaspora in North America and the
Caribbean. Conceived so that each chapter may be read individually,
the volume is divided into three parts. Part 1, "Money and Its
Uses," focuses on the transition from barter to cowry currency, the
idealistic and pragmatic views of money, the impact of monetization
on social stratification, accumulation among members of the elite,
and the development of savings, banking, and credit institutions.
Part 2, "Money and Its Problems," investigates the social,
political, and cultural problems of money, including money-lending,
theft, counterfeiting, and corruption. Part 3, "Money and Oil
Economy," assesses the impact of the oil industry on the Nigerian
state and examines both the positive and negative effects of oil
money on Yoruba economy, society, and spending. Concluding chapters
detail efforts to arrest the crisis that followed the economic
slump after the oil boom and led to the adoption of the Structural
Adjustment Program, and also evaluate the effects of currency
devaluation on personal and communal responsibilities and social
payment. "Culture, Politics, and Money Among the Yoruba" is timely
in view of ongoing political and economic changes in Africa. It
will be of interest to economists, sociologists, and African
studies specialists. "Toyin Falola," a leading historian of Nigeria
and a distinguished Africanist, is professor of history at the
University of Texas at Austin. His books include "Decolonization
and Development Planning and Violence in Nigeria." He is at the
moment completing a study on the history of Nigeria. "Akanmu
Adebayo" is a professor of history at Kennesaw State University in
Kennesaw, Georgia. His latest book is "Embattled Federalism: A
History of Revenue Allocation in Nigeria. "
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