Robert Triffin

Ivo Maes is Senior Advisor at the Economics and Research Department of the National Bank of Belgium and a Professor, Robert Triffin Chair, at the Université catholique de Louvain, as well as at ICHEC Brussels Management School. He previously served as a member of the Committee for Institutional Reform of the West African Monetary Union and as the President of the Council of the European Society for the History of Economic Thought. He has been a visiting professor at Duke University (USA), the Université de Paris-Sorbonne, and the Università Roma Tre. Ilaria Pasotti is a researcher and an archivist. She has a Ph.D. in History of Economic Thought from the University of Florence. From 2009 to 2014 she was a researcher at the Catholic University of Milan. She has been a visiting researcher at the National Bank of Belgium, the Université Catholique de Louvain, and Cambridge University.

Preface by Jacques de Larosière

Introduction: A Monk in Economists' Clothing

Abbreviations

Figures and tables

1 A Child of the Interwar Period
1.1 Introduction
1.2 Early Years
1.3 Studies at Louvain and the Belgian Franc Devaluation of 1935
1.4 Graduate Studies at Harvard
1.5 The Theory of Currency Overvaluation and the Belgian Devaluation
1.6 Monopolistic Competition Theory
1.7 A Difficult Year in Belgium and Return to Harvard

2 Money Doctor in Latin America
2.1 Introduction
2.2 The Board of Governors of the Federal Reserve System in the Early 1940s
2.3 Triffin's Vision of the Latin American Economies
2.4 The Latin American Missions
2.5 Triffin's Global View on the International Monetary System

3 Architect of the European Payments Union
3.1 Introduction
3.2 The Early Years of the International Monetary Fund
3.3 The European Economy and the Marshall Plan
3.4 Triffin and the Exchange Rate Issue
3.5 Triffin and the Creation of the European Payments Union
3.6 The German Payments Crisis
3.7 Triffin's Search for Destination
3.8 Triffin's Retrospective View of the EPU

4 Bretton Woods Cassandra
4.1 Introduction
4.2 Yale and the Vietnam War
4.3 Europe and the Money Muddle
4.4 Gold and the Dollar Crisis
4.5 Reform Debates in the 1960s
4.6 The Demise of the Bretton Woods System
4.7 The Paper-dollar Standard

5 Monetary Expert on Monnet's Action Committee for the United States of Europe
5.1 Introduction
5.2 A Strong Advocate of the EPU Approach
5.3 The Rome Treaty
5.4 The Campaign for a European Reserve Fund
5.5 The 1969 Hague Summit and the Werner Report

6 Return to Belgium
6.1 Introduction
6.2 IMS: the "International Monetary Scandal"
6.3 The European Monetary System
6.4 The Development of the Private ECU Market

7 Epilogue

Sources.