PUBLIC REVIEW of our monthly bulletin GEAB (November, 2017). Subscribe here ! End 2017/early 2018, all major Western Central Banks will be putting a final stop to the 2008 crisis-related unconventional monetary policies, namely the famous quantitative easing policies (QEs) which enabled to provide liquidity to those banks which saw their mutual confidence for borrowing collapse ...

It goes without saying,  that there are several prerequisites for national currencies usage: reliable economic and financial developments, economic demand of the currency, ability of the national currency to perform as the money abroad (payments, savings, exchange base, etc.), low level of transaction costs (favorable conditions for relations), legislation, that ...