Wednesday, 25 November 2009

Economic recovery is confirmed next year – but not its shape

Recovery, as various economists propose, may come in the shape of U, V, W, L and some even said it may not be an alphabet character but a mathematical one such as the square root.

In a press briefing with the media, Standard Chartered top economists did not say, which shape growth will look like.

But two things are certain, they say, that there is growth next year and that the possibility of a double dip, which looks like a flash of lightning shape, is unlikely.

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