LONDON, May 7, 2020 /PRNewswire/ -- Many are still discussing what type of recession will ensue following the COVID-19 pandemic. Will it be U, V or L–shaped? Different people may refer to the ...

For the world economy, CRU forecasts a U-shaped recession - defined as a permanent loss in the level of world GDP, but no change in the long-term growth rate of world GDP. Recession shape defined ...