"This is a medium term project," he said.
"Economic slack persists and inflation is running below the Fed goal in its medium-term projection," Mr. Reinhart wrote.
My colleague James Kwak calculates that Mr. Ryan would bring this spending down from its probable medium-term projection of 8 percent of G.D.P. toward 4 percent of G.D.P. (or even lower).
According to the International Labour Organisation's 2012 report, the global youth unemployment rate has risen since 2007 and medium-term projections suggest little improvement in the next few years.
"The downgrade of the UK's sovereign ratings primarily reflects a weaker economic and fiscal outlook and hence the upward revision to Fitch's medium-term projections for UK budget deficits and government debt," it said.
In a letter assessing Labor's medium-term projections, released on Sunday, its independent costing panel said estimates "are subject to the same degree of uncertainty" as estimates in the budget, prepared by the PBO, treasury or the finance departments.
Although the growth rate of coal slows from the breakneck pace of the last decade, global coal consumption by 2017 stands at 4.32 billion tonnes of oil equivalent (btoe), versus around 4.40 btoe for oil, based on IEA medium-term projections.
For a number of decisions relating to the health workforce, short-term or medium-term projections are not sufficient.
We used the resulting models to project age-standardised breast cancer incidence and mortality rates to medium term (until 2021 2025), with 95% projection intervals.
Moreover, some projections show the necessity to further increase energy supply in the medium term in order to effectively support the current and projected economy [4].
Mining projects are usually planned and costed over decades, not quarters, and so far analysts' projections for the price of iron over the medium term have remained unchanged.
