There is nothing OK about the ‘K’ in the descriptions of our recovery
By Bibek Debroy
There is a tendency among some to import and implant vague notions and jargon, as if that adds to our comprehension. A “K-shaped recovery” is an example of this. I understand what it means in the US, since, following a covid-induced recession, a graphical representation establishes a ‘K’—demonstrating that some sectors recovered while others continued to suffer. (I might have been more impressed, if, following the current penchant for using Greek letters, Indian commentators had used the term “Kappa-shaped recovery”.) The Roman, or the Greek, is tautological and nothing more.
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