Question on double-dip recession?

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Question on double-dip recession?
What is double-dip Recession?

A double-dip recession is also referred to as 'W' shape recession. In this the country enters a recession and then recovers at a fast pace. But it is not able to sustain its recovery, and it goes into recession again. So there is a double-dip, if the recovery is achieved for the second time at a fast face, then it is 'w' share recession.

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Read more about: recession, gdp, common question
Story first published: Tuesday, August 9, 2011, 14:22 [IST]
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