ABSTRACT

The focus of this chapter is the Report Ida Greaves published in 1953, titled Colonial Monetary Conditions. The Report was funded by a grant from the Colonial Development and Welfare Fund. The research area was highly controversial. Ida Greaves had already provoked debate in a Memorandum she presented to the Finance Sub-Committee of CEAC in 1945 in the role of Secretary. It was poorly received by representatives of the Treasury, Bank of England and Crown Agents. Her fieldwork for the 1953 Report was carried out between 1948 and 1950, in West Indies and West Africa, undertaken under difficult circumstances with minimal resources. The Report as published steered a middle course, offering neither unqualified support, nor a blanket condemnation, of the colonial monetary system.