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Robert Triffin
Robert Triffin (5 October 1911, Flobecq, Belgium – 23 February 1993, Ostend, Belgium) was a Belgian economist best known for his critique of the Bretton Woods system of fixed currency exchange rates. His critique became known later as ''Triffin's dilemma''.
==Life==
After completing his undergraduate studies at the Catholic University of Leuven, Triffin, a Francophone Belgian, went to the US and received his Ph.D. from Harvard University in 1938 and taught there from 1939 until 1942. He held positions in the US Federal Reserve System (1942–1946), the International Monetary Fund (1946–1948), and the Organisation for European Economic Co-operation (1948–1951), now the OECD. In 1951, he became a professor of economics at Yale University, where he also served as Master of Berkeley College from 1969 until 1977.
Triffin became a US citizen in 1942. He reclaimed his Belgian citizenship in 1977 and returned to reside in Europe. There, he was a staunch supporter of European integration and helped to develop the European Monetary System and supported the concept of a central bank, which developed as the European Central Bank.
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