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.
Special
Economic convergence is a prerequisite for a stable Eurozone in the long run, but this may be hard to achieve. In the short term it might be more rewarding to investigate the possibilities of narrowing the gap in competitiveness.
Economic Comment
De culturele en creatieve sector creëert werkgelegenheid, draagt bij aan het vestigingsklimaat en creëert daarnaast waarde voor andere sectoren. Ook is er een belangrijke rol weggelegd voor de sector in de economie van morgen.
Economic Quarterly Report Dutch version
The Dutch economy is expected to contract by 5.2% in 2020. Measures to combat corona, uncertainty and rising unemployment are making the recovery patchy.
Economic Comment
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
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.
Economic Comment
Onze nieuwe Phase One Monitor (POM) meet of China op koers ligt om de doelstelling uit de handelsdeal te halen. Uit Amerikaanse exportdata voor de eerste vijf maanden blijkt dat China nu al meer dan 40 miljard dollar achterloopt op schema.
Column
Ondanks de coronacrisis heeft Trump steeds geroepen dat China zich moet houden aan de gemaakte handelsafspraken. Dit lijkt een onmogelijke opgave en de kans is dus groot dat de handelsoorlog weer oplaait.
Special
In this new Phase One Monitor (POM) we track progress toward the target values set for US exports to China in 2020 and 2021 which were agreed upon in the Phase One trade deal. Based on data up to and including April, China currently is not following a trajectory which puts it on track to reach the targets in the deal.