RaboResearch - Economic Research

Hugo Erken

Head of International Economics

Hugo Erken is head of International Economics at RaboResearch Global Economics & Markets.

Hugo coordinates the team of international economists within GEM that is responsible for analyzing and forecasting international macroeconomic, political and financial developments. Besides his coordinating tasks, Hugo is a country analyst for the US and India and has a special interest in thematic work covering the labour market and productivity.

Hugo joined RaboResearch in 2015. 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. 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.

Publications Hugo Erken


Economic implications of the coronavirus

The recent coronavirus outbreak will likely affect China’s economic growth, and could also have global ramifications. which will likely be more severe than compared to the SARS outbreak 17 years ago because China has become much bigger and more intertwined globally.


Video - India: Economic Outlook 2020

Rabobank economists Raphie Hayat and Hugo Erken discuss their economic outlook for India in 2020. Elements that are elaborated on are the economic growth forecasts, structural issues in the economy, fiscal and monetary policy options and the forecasts for the Indian rupee.


India: Economic Outlook 2020

We forecast economic growth in India of 5.1% for fiscal year 2019/20 and 5.7% for 2020/21. Although we expect the economy to have bottomed out, ongoing structural issues are expected to weigh on India’s medium- and longer-term growth potential.


Trade deal China-US: Phase One, Phase None

The Phase 1 trade deal signed by the US and China in January 2020 has created a temporary but unstable equilibrium. The deal could still collapse and a re-acceleration of trade tensions in 2020 remains our base scenario.


India: are the years of easy economic growth over?

We estimate India’s annual average economic potential at between 5% and 6% over the course of the decade. Investment in human capital and innovation are necessary to foster Indian future economic growth.