K-shaped Economic Recovery
The prospects of a K-shaped recovery from COVID are increasing both in India and across the world.
K-shaped Recovery
- The “K-shaped” economic recovery is characterised by a stark split in the recovery pace of the economy— some sectors are bouncing back ahead of the rest at a much faster pace, while others are continuing a downward trajectory.
- The industries that are on the upper curve are technology-based companies, large corporations, governments, and public utilities. While these are industries that may bounce back faster than the rest, the industries on the lower curve, who are suffering the fallout from the COVID-19 ....
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