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Christine Lagarde, managing director of the International Monetary Fund (IMF), center, speaks, as Pier Carlo Padoan, Italy's finance minister, right, looks on during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 18, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 - 20. Photographer: Jason Alden/Bloomberg via Getty Images

Christine Lagarde, managing director of the International Monetary Fund (IMF), center, speaks, as Pier Carlo Padoan, Italy's finance minister, right, looks on during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 18, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 - 20. Photographer: Jason Alden/Bloomberg via Getty Images