Definition of "two-speed" [two•-speed]

• Adapted for producing or for receiving either of two speeds; -- said of a power-transmitting device. (adjective)

Gnu Collaboartive International Dictionary of English: licensed under The Code Project Open License (CPOL)

• "For large swaths of Australian industry, the result is a spot on the losing side of what locals are terming a two-speed economy."
• "If BHP's predictions are accurate the realities of the so-called "two-speed" economy and the sheer scale of the mining boom will begin to sink in."
• "The push for deeper cooperation within the euro zone also awakens fears among the 10 members of the European Union that do not use the euro that Europe will break into two blocs - usually referred to as two-speed Europe - divided by different rules for those in the currency union and those outside of it."