What is a “K-shaped” economic recovery?
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A K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes. This is in contrast to an even, uniform recovery across sectors, industries, or groups of people. A K-shaped recovery leads to changes in the structure of the economy or the broader society as economic outcomes and relations are fundamentally changed before and after the recession. This type of recovery is called K-shaped because the path of different parts of
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📉 What is a K-Shaped Economy? Are We in One Now?A K-shaped economic recovery or K-shaped economy describes a scenario following a recession or major economic shock where different parts of the… | Ken Kuang
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