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Inside the Monarchy's Vaults

 

 

Prudence dedication and loyalty to the nation supersede all else for this stalwart of financial stability. Taffara Deguefe presents himself as the stoic upholder of value, monetary and moral.

Pouring into the mind of one of the century's most influential men reveals a continuum of the inner circles in overlapping regimes, Derg and imperil. The reader becomes privy to the high profile meetings and inner workings of the government that almost none except this former head of the central bank attended.

Though the hefty 686-page "Minutes of an Ethiopian Century", including eight appendices, will take hours to trudge through, the unique perspective is worth the effort. The memoir is engaging in its wavering between personal anecdotes and pseudo-academic analysis of major events.

Taffara's central agenda seems to be upholding the integrity of Emperor Haile Selasie's persona, a man the author holds in great reverence. Portraying the head of state as an "enlightened ruler who combined the best element of tradition and modernity" seeks to "counter balance the many criticisms that have been voiced on his failings", the author feels compelled to devote copious pages to refuting the myth of the Monarch's missing millions.

Though the book opens with a disclaimer distancing itself from consideration of academic standards, those seeking historical accounts many be turned away by the open professions to bias. Furthermore, when Taffara depicts himself as an  unwaveringly hardworking and dedicated civil servant, a few mistakes and quips of regrettable decisions would add some flavour to the at times dry account of Taffara's life. The portrayal of a naively devoted bank governor whose sole drawback is not to suspect the Derg's plans to arrest him is insufficient to be convinced of the completeness of the account.

Here the book becomes more historical, straying from the personal chronological structure to present an account of the military coup. In presenting the academic type rationale for the 1974 revolution, he shows his breadth of world knowledge in creating an insightful comparison to the fall of the Shah in Iran.

Taffara is quick to turn to an evaluation of the new military government which he obviously disdains greatly not only for his eventual political arrest but also for the perception of incompetence, especially in the area of economic management to which he is closest.

The more personal portions may be fund apart from the central drama. During his years of imprisonment his anguish and soul-searching comes to the forefront with his Solzenitzen-style account.

However, the opening pages reveal the distance between ordinary Ethiopians and the multi-lingual author who was part of the growing constituency receiving a privileged education abroad. Returning home after maturing amidst experiences vastly separate from his rural birthplace, including troubles getting a haircut in the predominately white city of Vancouver, Canada, Taffara joins the Westernised young leaders. Reintegrating into this foreign atmosphere is almost as difficult as the author's dealing with the Derg's modus operandi.

The book's harder to deal with points are its repetition and simple editing drawbacks. Past these minor deficiencies, this work provides a personal account of events that thus far have received too little attention from print sources.

It is for the uniqueness and unsaturated nature of the existing historical accounts that the 250 Br should be shelled out for this Shama Books publication.

 


 

By BRIAN BURRELL
SPECIAL TO FORTUNE

 
 
 
   
   
   
 
 
 

 

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