Abstract
I arrived at the ANU from Oxford in 1977 and became head of the department in Research School of Pacific and Asian Studies (RSPAS) in 1980, when Heinz Arndt retired. I produced two significant articles on the new “Dutch Disease” issue, important not only for Australia but for developing countries, notably Indonesia. The joint article on this subject with Peter Neary had a high citation score. In addition, I wrote a survey article on this subject—“Booming Sector and Dutch Disease Economics: Survey and Consolidation”. The other, very controversial, issue in which I became involved was the effect in Australia of a wages boom possibly causing high unemployment. This was a serious issue involving a policy debate in which I participated.
This chapter also contains essays about four influential ANU economics professors—Sir John Crawford, Trevor Swan, Heinz Arndt, and Fred Gruen. Sadly, in this period, Harry Johnson died at age 53. In 1986, I was on leave from the ANU to hold the Chair of Australian Studies at Harvard University.
This is a preview of subscription content, log in via an institution to check access.
Bibliography
WM Corden, “The Geometric Representation of Policies to attain Internal and External Balance”, Review of Economic Studies, 1960.
Arndt, HW and WM Corden (eds.) The Australian Economy: A Volume of Readings, Cheshire 1963.
Arndt, HW, The Australian Trading Banks, Cheshire 1957.
Arndt, HW, Economic Lessons of the Nineteen Thirties, Royal Institute of International Affairs, 1963.
Swan, T, “Longer Run Problems of the Balance of Payments” (1955), in Arndt, HW and WM Corden (eds.) The Australian Economy: A Volume of Readings, Cheshire 1963.
WM Corden, with Fred Gruen, “A Tariff that Worsens the Terms of Trade”, Studies in International Economics, 1970.
WM Corden, “Wages and Unemployment in Australia”, The Economic Record, 1979.
WM Corden, “The NIEO Proposals: A Cool Look.” Thames Essay 21, 1979.
WM Corden with Peter Dixon “A Tax-Wage Bargain: Is a Free Lunch Possible?” The Economic Record, 1980.
WM Corden, “The Exchange Rate, Monetary Policy and North Sea Oil; The Economic Theory of the Squeeze on Tradeables.” Oxford Economic Papers, 1981.
WM Corden with Peter Warr, “The Petroleum Boom and Exchange Rate Policy in Indonesia”. Ekonomi dan Keuangan Indonesia, 1981.
WM Corden, “Exchange Rate Policy and the Resources Boom”, The Economic Record, 1982.
WM Corden, with Peter Neary, “Booming Sector and De-Industrialisation in a Small Open Economy”, The Economic Journal, 1982.
WM Corden, “Reflections on Japan in the World Economy”, Look Japan, 1983.
WM Corden, “Macroeconomic Targets and Instruments for a small Open Economy”. Singapore Economic Review, 1984.
WM Corden, “Harry Johnson’s Contributions to International Trade Theory”, Journal of Political Economy, 1984.
WM Corden, “Booming Sector and Dutch Disease Economics: Survey and Consolidation, Oxford Economic Papers, 1984.
WM Corden, “Fiscal Policies, Current Accounts and Real Exchange Rates: In Search of a Logic of International Policy Coordination”, Weltwirtschaftliches Archiv, 1986.
WM Corden, “Why Trade is not free. Is there a Clash between Theory and Practice?” Weltwirtschaftliches Archiv, 1987.
WM Corden, “China’s Exchange Rate Policy, its Current Account Surplus, and the Global Imbalances”’ The Economic Journal 2009.
Cairnes, JE, The Australian Episode 1859.
Arndt, HW, Economic Development: The History of an Idea, Chicago University Press, 1987.
Evans, LT and J D P Miller (eds.) Policy and Practice: Essays in Honour of Sir John Crawford Australian National University Press 1987.
Forsyth, P, and John Kay, “The Economic Implications of North Sea Oil Revenues”, 1980.
Garnaut, Ross, Australia and the Northeast Asian Ascendency, Australian Government Publishing Service, Canberra, 1989.
Grubel, Herbert and Peter Lloyd, Intra-Industry Trade: The Theory and Measurement of International Trade in Differentiated Products, Macmillan, 1975.
Gregory RG, “Some Implications of the Growth of the Mineral Sector”, Australian Journal of Agricultural Economics, 1976
Snape R, “ Effect of Mineral Developments on the Economy”, Australian Journal of Agricultural Economics, 1977
King JE, A Biographical Dictionary of Australian and New Zealand Economists, Edward Elgar 2007
Coleman, Peter, Selwyn Cornish and Peter Drake, Arndt’s Story: The Life of an Australian economist, Asia-Pacific 2007.
Metaxas, E and Ernst Weber, “An Australian Contribution to International Trade Theory; The Dependent Economy Model”. The Economic Record 2016.
Hill, Hal, The Indonesian Economy, Cambridge University Press 1996.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2017 The Author(s)
About this chapter
Cite this chapter
Corden, W.M. (2017). ANU: Dutch Disease and Other Issues. In: Lucky Boy in the Lucky Country. Palgrave Studies in the History of Economic Thought. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-65166-8_14
Download citation
DOI: https://doi.org/10.1007/978-3-319-65166-8_14
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-65165-1
Online ISBN: 978-3-319-65166-8
eBook Packages: Economics and FinanceEconomics and Finance (R0)