Given that Davos is an Economic Forum, we would rightly expect that global leaders should be tackling the issues of restructuring the global financial system.
Before the related issue of restructuring the mountain of bad debts at European banks can be addressed, Ms. Lagarde said, European countries need to conduct meaningful tests on the health of their lenders' balance sheets.
Alfred Steinherr, a former chief economist at the European Investment Bank, said that whatever the outcome of the Dublin talks, the issue of a restructuring of sovereign debt would have to be broached by the wider euro area.
Scottish Football League clubs will formally vote on the issue of league restructuring on 12 June.
His bright, inexperienced son goes straight into the personnel department, where the issue is one of restructuring the labor force.
Early progress was made on thorny issues of restructuring local government debt and wrenching the Chinese economy away from high-polluting industries such as steel and cement.
When Argentina tabled a motion calling for the UN to examine the issue of sovereign debt restructuring last autumn, 124 countries voted for it; 11, including the UK and the US, with their powerful financial lobbies, voted against; and there were 41 abstentions.
This course focuses on alternative ways in which the issues of growth, restructuring, innovation, knowledge, learning, and accounting and measurements can be examined, covering both industrialized and emerging countries.
"The refusal of the Washington political class to address the issue of bank insolvency quickly via restructuring and recapitalization has extended the economic recovery process by years," he said.
