Also discusses the progression of formal and structural challenges the author has set for himself during his career.
"If they are able to address the structural challenges, it should start to gradually turn around, " Mr. Richardson said.
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He believes that both cyclical and structural challenges confront them and will drive EBIT dollar declines and EPS pressure.
Historically, some of the most successful initiatives in our nation's capital have come when politicians were able to devote resources to structural challenges that had festered.
Moody's placed Sony's long-term credit rating under review for a possible downgrade, citing the yen's strength, weak demand and "structural challenges" at the onetime king of consumer electronics.
With expanded education opportunities, a focus on in-shoring and associated tax credits, and continued innovation and next generation technologies, the U.S. can overcome the structural challenges that it faces today, and lead the world in high technology job creation for decades to come.
Meanwhile President Hollande won election on a platform that made no concessions to the deep structural challenges facing the French economy, promising to lower the retirement age from 62 to 60 for some workers, introduce a new top rate of tax of 75% for the highest earners and make it even harder to fire workers.
Moody's said the primary reason for the downgrade had been France's "persistent structural economic challenges" and the threats they pose to economic growth and the government's coffers.
In November, rating agency Moody's downgraded France's debt from Aaa to Aa1, and kept its negative outlook, meaning the rating could be cut again, because of France's "persistent structural economic challenges" .
Like the Bretton Woods conference of 1944 which set up the World Bank and the IMF, the Ditchley Park conference grappled with the structural and institutional challenges facing the future.
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Apart from giving the mosque a gritty complexion, Tepebasi's concrete has freed the architect from the engineering challenges which architects in stone had to grapple with, reducing Sinan's structural brilliance to mere ornament.
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