Max Corden: Dutch Disease Model Economist, Dies at 96

Max Corden, an Australian economist of profound significance, is remembered for his groundbreaking contributions to the field of economics.

His work, particularly in the theory of trade protection and the development of the Dutch disease model of international trade, has left an indelible mark on the academic world.

Born originally in Germany, Max Corden sought refuge from Nazi Germany, emigrating to Melbourne in 1939.

His academic journey was marked by exceptional achievements, culminating in a distinguished career that spanned various domains of economics.

From 1977 to 1988, he held the prestigious position of Professor of Economics at the Australian National University.

His influence transcended borders as he served as a senior advisor in the Research Department of the International Monetary Fund from 1986 to 1988.

Corden’s legacy extended further when he became a professor and later the Chung Ju Yung Distinguished Professor of International Economics at the School of Advanced International Studies (SAIS), Johns Hopkins University. His tenure at SAIS continued until his retirement in late 2002.

Even in retirement, Corden’s commitment to the field remained unwavering. He took on the role of emeritus professor of international economics at SAIS and a professorial fellow in the Department of Economics at the University of Melbourne.

Corden’s significant contributions were not without recognition. He received numerous awards that underscored the impact of his work.

His dedication to the discipline was evident in the existence of a personal website where he shared autobiographical essays and copies of recent publications.

On October 22, 2023, Corden’s remarkable journey came to an end at the age of 96.