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Enrico Cuccia, Mediobanca, and the decolonization of Guinea. An attempt at money-doctoring to boost Italian trade with Africa

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  • Giovanni Farese

Abstract

This paper looks at Enrico Cuccia?s attempt at establishing an issuing bank, along with a consortium of major European banks, in Ahmed Sekou Toure?s Guinea in the aftermath of its independence from France in 1958. The topic is framed both in Mediobanca?s African business in the 1950s and in Cuccia?s own geopolitical and development views. As Guinea was not an isolated case, the paper also takes into consideration Italy?s new place in the postwar world economy and general issues such as the Cold War, decolonization, European integration, as well as the role of merchant banking in shaping foreign economic policy tools and goals.

Suggested Citation

  • Giovanni Farese, 2020. "Enrico Cuccia, Mediobanca, and the decolonization of Guinea. An attempt at money-doctoring to boost Italian trade with Africa," HISTORY OF ECONOMIC THOUGHT AND POLICY, FrancoAngeli Editore, vol. 9(2), pages 85-96.
    • Handle: RePEc:fan:spespe:v:html10.3280/spe2020-002005
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    References listed on IDEAS

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    1. Schenk, Catherine R., 1997. "Monetary institutions in newly independent countries: the experience of Malaya, Ghana and Nigeria in the 1950s1," Financial History Review, Cambridge University Press, vol. 4(2), pages 181-198, October.
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    3. Helleiner, Eric, 2009. "Central bankers as good neighbours: US money doctors in Latin America during the 1940s," Financial History Review, Cambridge University Press, vol. 16(1), pages 5-25, April.
    4. Marc Flandreau, 2003. "Money Doctors : the Experience of International Financial Advising, 1850-2000," Post-Print hal-03571412, HAL.
    5. Grilli,Enzo R., 1993. "The European Community and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521385114, October.
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    More about this item

    JEL classification:

    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-

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