Not exact matches
Despite the risks to the debt burden, Moody's
baseline scenario is that the debt - to - GDP will remain below 60 %, mitigated by the strong nominal GDP
growth due to high inflation and the existence of government financial buffers (around 14 % of GDP).
Using CBO's
baseline assumptions for spending
growth, and assuming defense and nondefense R&D maintain their recent historical performance as a share of appropriations, the picture might look like the «
baseline»
scenario in figure 2.
Using the
growth rates from the Assessed 2oC
Scenarios and a standard
baseline for 2010 demand, oil demand is estimated to decline on average from about 95 million barrels per day in 2016 to about 78 million barrels per day in 2040.
The blue bar shows how much economic
growth the IPCC expects there to be if governments take action, and the grey bar shows the
growth projected in the
baseline scenario:
That means global economic
growth of 2.94 per cent per year, in contrast to three per cent
growth in a fictional future where there is no climate change (known as a
baseline scenario), according to the IPCC's calculations.
Sure enough, IAMs have widely varying
baseline scenarios, reflecting different assumptions about the pace and nature of
growth.