No Result
View All Result
Newsletter
Anuj Tikku
  • Home
  • Travel
  • Bollywood
  • Fiction
  • Non-Fiction
  • Audio Books
  • KDP Books
    • English Books
    • Hindi Books
    • Other Books
  • About Us
  • Contact Us
  • My account
  • Home
  • Travel
  • Bollywood
  • Fiction
  • Non-Fiction
  • Audio Books
  • KDP Books
    • English Books
    • Hindi Books
    • Other Books
  • About Us
  • Contact Us
  • My account
No Result
View All Result
Anuj Tikku
Home others

U, V, W, L – The New Alphabets & Vowels Of Economic Recovery

admin by admin
May 8, 2020
in others
0 0
0
Share on FacebookShare on Twitter

As an economy, we have plunged into a sharp recession with most businesses impacted heavily by the lockdowns and the fatalities due to the virus. There are no customers and buyers out there and very little enthusiasm for the celebration. As the virus goes killing un abated economists are wondering what will be this corona induced recession be like. Many theories and models are being propagated where most economists say that the more mature economies will face a U Shape recession. This means there will be a sharp decline in economic activity and GDP will shrink, the situation will persist for 12 to 24 months before it climbs back gradually to its position pre-COVID -19.

A V-shaped recession where there is a steep decline and an equally steep and quick recovery is out of the question considering the world is still under lockdown and the virus threat is increasing in other counties, each seeing their mown separate peeks. In a V-shaped recession, recovery happens within 2 to four quarters which is unlikely as this is a deeper recession.

There are those experts who point to a W shaped recession it a double-dip. The thing here is that the economy will see a partial recovery and then again plunge into a recession which will remain till it finally recovers and comes back to its new normal. This will create a double-dip of sorts in the shape of a W and that is a likely scenario here economies will crawl back to recovery rather than bounce back and the bottom will be longer and two times.

An L shaped recession is the worst it is a sudden and sharp fall of economic activity which will persist and there will be no recovery once the bottom is reached it will remain so and depression will persist with no bounce back.

Job losses of temporary Staff and salary cuts for employees along with work from home has been away the companies are navigating this tricky economic period. But with on customers and no one ready to spend or venture outdoors, the cost of running a business or just keeping an establishment open will be difficult. The business will have to shut down, some will lose power like the Cinema Hall chain as their clout is much reduced, with producers streaming live through OTT platforms surprisingly Net Flicks had had a V-shaped recovery and has added millions of subscribers.

Home delivery is being encouraged and people are ordering everything online which means that consumer behavior is being influenced by this event. The brick and mortar stores will find it harder to survive in the post COVID scenario as people will be wary to shop outdoors.

But till then just for fun understand what the economic jargons mean.

admin

admin

Facebook Twitter Pinterest Instagram

About Me

Anuj Tikku is a famous Bollywood actor and author, who has worked in several big-budget Bollywood films and commercials. He has also authored forty fictional and non-fictional books. He has an engineering degree from the University of Manchester and a management degree from IMT Ghaziabad. He currently runs a book blog called www.anujtikku.com and has spoken in several blogger conferences as a motivational speaker.

Our Policy

  • Privacy Policy
  • Terms and Conditions
  • Refund and Returns Policy

Tags

abyss Adventure Africa antananarivo Anuj Tikku Baba Ramdev Bandhavgarh beach Blog Blogging for Gold bollywood Camera dance Delhi Food From Russia With Love GoPro Haridwar Hindi India Kavita Kumble Kerala Life & Living love madagascar Madhya Pradesh Malayalam Mehman night life People Photography religion Russia safari sea Shiva sunrise Tanzania temple Tigergarh Travel Travelthon Ukraine Uttarakhand wildlife

© 2022 Design & Dev By Anuj Tikku Team

No Result
View All Result
  • Home
  • Travel
  • Bollywood
  • Fiction
  • Non-Fiction
  • Audio Books
  • KDP Books
    • English Books
    • Hindi Books
    • Other Books
  • About Us
  • Contact Us
  • My account

© 2022 Design & Dev By Anuj Tikku Team

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist