RaboResearch - Economic Research

Michiel van der Veen

Economist

Michiel works as an economist at RaboResearch Economic Scenarios and Projections.

He contributes among other things to the development of macro-economic and interest rate scenarios used in, for example, stress tests.

Michiel studied Economics and Finance at the University of Groningen.

Publications Michiel van der Veen

Economic Comment

Phase One Monitor: September Update. Decoupling taking shape

Based on the latest trade data, China only has five months left to crank up imports of US goods and services by USD 100bn in order to reach the 2020 target in the Phase One trade deal. This seems unrealistic and we believe that the Phase One trade deal will break down before the year is out.

Special

Decoupling US-China supply chains: High tech on the move

We find clear indications that US supply chains have started to shift away from China. Vietnam, Mexico and Taiwan are the main beneficiaries of this shift. But the US also seems to be benefiting as we see signs of reshoring.