Q. The K-shaped economic forecast for economy sometimes seen in news implies?
A K-shaped recovery is a post-recession scenario in which one segment of the economy begins to climb back upward while another segment continues to suffer. If illustrated, the economic growth would roughly resemble the two diverging diagonal lines of the letter “K” – hence the name.
This is in contrast to an even, uniform recovery across sectors, industries, or groups of people. It is being predicted that economies across the world are experiencing a K-shaped recovery post lockdown due to COVID-19.