international finance put that question and a few others to your cause president of the european school of management and technology it is very important job central banks overall have great importance they have even more importance following the financial crisis given the extraordinary measures say of taking for example in the so-called quantitative easing so the massive buy up of sovereign debt of corporate debt this is certainly a key function of the world economy also the dollar is very important for the world economy is it not it is certainly actions taken by central banks may also have impact on exchange rates so the way exchange rates go and also the way politicians actually would likely sex change rates to go play it in very important role in particular when it comes to trade relationships and also when we think about the surplus and deficits we see in the exchange we europe and the united states. if you look at the candidates or at the most likely candidate what can we expect any real change in monetary policy the current expectation is that he would more or less follow the route that janet