E-money and K-shaped recovery: Difference between pages
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imported>Doug Williamson (Create the page. Sources: The Treasurer, March 2017, p32; ECB Electronic money page.) |
imported>Doug Williamson (Create page. Source: The Treasurer, December 2020, p30.) |
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''Economics - recession and recovery.'' | |||
A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy. | |||
A chart of the key economic measures would resemble a letter "K". | |||
:<span style="color:#4B0082">'''''Recovery forecasts diverge'''''</span> | |||
:"The impact of COVID-19 is likely to preoccupy businesses into 2021. | |||
:As of early October [2020], financial markets appear to be pricing in a recovery. | |||
:However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)." | |||
:''The Treasurer magazine, December 2020, p30 - ACT Technical briefing.'' | |||
== See also == | == See also == | ||
* [[ | * [[COVID-19]] | ||
* [[ | * [[Deflation]] | ||
* [[Depression]] | |||
* [[Double dip]] | |||
* [[Great Depression]] | |||
* [[Great Recession]] | |||
* [[Gross domestic product]] | |||
* [[Inflation]] | |||
* [[L-shaped recovery]] | |||
* [[Recession]] | |||
* [[Recovery]] | |||
* [[Reflation]] | |||
* [[Softness]] | |||
* [[Trumponomics]] | |||
* [[U-shaped recovery]] | |||
* [[V-shaped recovery]] | |||
* [[W-shaped recovery]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Financial_products_and_markets]] |
Revision as of 18:40, 18 November 2020
Economics - recession and recovery.
A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.
A chart of the key economic measures would resemble a letter "K".
- Recovery forecasts diverge
- "The impact of COVID-19 is likely to preoccupy businesses into 2021.
- As of early October [2020], financial markets appear to be pricing in a recovery.
- However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."
- The Treasurer magazine, December 2020, p30 - ACT Technical briefing.