RaboResearch - Economic Research

Hugo Erken

Senior Economist

Hugo Erken works as a senior economist at RaboResearch Global Economics & Markets.

He is a country analyst for the US, Canada, Mexico, India and a number of other South Asian countries. In addition, he works on economic forecasting, scenario analysis and a wide range of macro-economic topics, with a special interest in the labour market and productivity. Previously, Hugo was an analyst for China, the euro area, Germany and France.

Hugo graduated in International Economics at Radboud University Nijmegen and wrote his PhD dissertation on Productivity, R&D and Entrepreneurship at the Erasmus University Rotterdam. Previously, Hugo has worked for the Dutch Ministry of Economic Affairs, the Dutch Ministry of Social Affairs and Employment, and the CPB Netherlands Bureau for Economic Policy Analysis.

Publications Hugo Erken

Economic Update Dutch version

France: slow recovery, further reforms needed

We expect the French economy to grow by 1% in 2015 and 1½% in 2016. Although the French government has already taken action to improve corporate profitability, further reforms are needed to maintain economic growth in the medium to longer term.

Economic Update Dutch version

Germany: higher growth, but the risks are increasing

We expect the German economy to grow by 1¾% in 2015 and 2% in 2016. However, an escalation of the refugee problem, spread of the emissions scandal at Volkswagen to other car manufacturers and more negative news on the performance of the Chinese economy could affect the solid base of the German economy.

Economic Update Dutch version

Belgium: steady if unspectacular growth

We expect to see the Belgian economy grow by 1¼% in 2015 and 1½% in 2016. In 2015, growth is mainly driven by an increase in private consumption, while net exports will also contribute positively in 2016.


Mismatch slechts beperkt probleem op arbeidsmarkt (Dutch)

In het publieke debat beweren velen dat de mismatch op de Nederlandse arbeidsmarkt groot is en daarmee ook een belangrijk deel van de hoge werkloosheid kan verklaren. Volgens ons is dit een hardnekkig misvatting dat tot verkeerde beleidsmaatregelen kan leiden.


Why growth keeps disappointing

In this Special we show that the Euro Area faces considerable challenges for the mid-term. Structural problems on the labour market, sluggish labour productivity caused by declining firm dynamics and an unfavourable interest environment are causes of concern.