Topic: Effect of policies and politics of developed and developing countries on India’s interests
4) What do you understand by the Triffin dilemma? It is said that with the US, the issuer of the world’s preeminent reserve currency, unwilling or unable to provide the liquidity needed, a new supplementary reserve currency should be instituted – one whose issuer does not have to confront the Triffin dilemma. What alternative does world have? Discuss. (200 Words)
