You can enter a word by copy & post, drag & drop, or by typing in the search box above to get the meanings of misshapen. This page is an online lexical resource, contains a list of the misshapen like words in a English language in the order of the alphabet, and that tells you what they mean, in the same or other languages including English. Official Languages of India Dictionary Translation is significantly better than Google translation offers multiple meanings, alternate words list of misshapen misshapen phrases with similar meanings in English, English dictionary English misshapen translation misshapen meaning misshapen definition misshapen antonym misshapen synonym English language reference work for finding synonyms, antonyms of misshapen. Misshapen in English English of translation of misshapen English meaning of misshapen what is misshapen in English dictionary? definition, antonym, and synonym of misshapen The theme at the time was to try to guess which one the US economy would face.Misshapen | English dictionary translates English to English and English to English misshapen words misshapen phrases with misshapen synonyms misshapen antonyms misshapen pronunciations. This 2012 PBS NewsHour video looked at the different terms that economists used to describe economic recoveries and recessions. We also call it a W-shaped recession.Ī U-shaped recovery, on the other hand, has a steep decline, a long-lasting trough, and then a slow recovery.Ī V-shaped recovery is much shorter than a U-shaped one. There are many names for different types of recovery, such as W-shaped, V-shaped, and U-shaped.Ī W-shaped recovery, for example, means there are two back-to-back declines and recoveries in the economy. Therefore, we can say that Greece suffered an L-shaped recovery following the global financial crisis. GDP growth subsequently remained weak or non-existent until the end of 2016. In 2007/8, the Greek economy shrank considerably. Many European Union countries, on the other hand, flatlined for a long time after 2007/8. However, by 2013, the US economy was growing strongly. GDP stands for Gross Domestic Product.Įconomists feared that the US would enter an L-shaped recovery after the 2007/8 global financial crisis. In fact, the country never returned to its post-war GDP growth rate. Towards the end of the 1980s, the bubble burst, and the country’s economy experienced deflation. In fact, along with Germany, it underwent an ‘economic miracle.’ In 1990, there was a Japanese asset price bubble.įrom the end of World War II through most of the 1980s, Japan’s economy grew significantly. The most famous example in modern history of an L-shaped recovery occurred in Japan. It resembles it more or less, just like the star constellations in the sky resemble Ursa Major (big bear) or Aries (ram). The L-shaped recovery chart does not look exactly like the letter L. “The group globally is expecting an L-shaped recovery, meaning that getting back to where we were before the bust is going to take a very long time.” In an article titled ‘Unilever names worst fear: an L-shaped future,’ the website Independent Online wrote: In 2009, Gail Klintworth, chairman of Unilever South Africa, warned her staff to prepare for a long, hard slog.Īlthough green shoots were appearing here and there at the time, there was also an abundance of negative signals. The chart may refer to a national economy and also a company. Represented graphically, GDP data looks like the letter L.” “An L-shaped recovery refers to substantial losses in economic growth followed by a period of stagnation. Investing Answers has the following definition of the term: In other words, getting back to where it was before the decline is going to take a very long time. When an economy is in the middle of an L-shaped recovery, it has a long road ahead.
In some cases, it may seem that it never returned.
In most cases, the chart with an ‘L’ shape means that the economy did not return to trend line growth. We also call it an L-shaped recession or depression. Imagine a graph with that shape it would represent a steep economic decline followed by a long period with no growth. An L-shaped recovery refers to a graph which looks like the letter ‘L.’ The letter ‘L’ consists of a sharp fall which precedes a flat line at the bottom. An L-shaped recovery refers to an economy that declines steeply and then flatlines, i.e., experiences weak or no growth.
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