The Reasons for Underdevelopment

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Focusing on the decolonization of Somalia, this study delves into the intricate history of Italian colonial affairs, particularly the role of Italian banking in Somaliland. It examines the interactions between Italian and Somali institutions and the impact of Italian political and monetary policies during the reconstruction and subsequent economic boom. By situating these events within the broader context of 20th-century political and economic dynamics, the work contributes to the evolving understanding of Italy's colonial legacy and its implications for African nations.