It is often suggested that a tradeoff exists between economic growth and the health of the environment, especially now as the threat of climate change becomes more dire. Why is housing so unaffordable in the U.S.? What can (or should) be done by private actors, state and local governments, and the federal government to alleviate the affordability crisis? Meanwhile, the United States has suffered from a chronic shortage of available housing for decades, particularly in urban areas, leading to what many scholars and advocates call an affordability crisis. mortgage rates recently passed 7%, making the purchase of a new home increasingly unaffordable. Will this lowered fertility rate (with potential to fall further) affect China’s economic growth and policy? How so? What, if anything, can the Chinese government do to limit the risk of falling fertility rates? However, in 2021, China experienced GDP growth of 8% with output totaling $17.7 trillion. Currently, China has a fertility rate of 1.3, one of the lowest in the world. In recent years and decades, many countries have seen fertility rates drop, potentially leading to falling populations. Essays should focus on argumentation supported with facts and references, although data-based support is also welcome. Winning essays will be published in the Harvard Economics Review and will be available for the greater Harvard community to read. Through the contest, student competitors hone their academic and professional skills and exhibit their knowledge to future employers and academic programs.Ĭompetitors must construct a convincing argument using economic theory and real-world examples. This essay competition is open to high school students of any year and is a fantastic opportunity to demonstrat e an accom plished level of writing and understanding of economic theory. The 2022 Harvard International Economics Essay Contest is sponsored by the Harvard Undergraduate Economics Association (HUEA) in conjunction with the Harvard College Economics Review (HCER). It was very hard to pick the three winners as all eleven would have been worthy of a prize.” Winne r s Ashwin Telang * Nanxi Jiang * Duncan Wong Fin al ists Regarding the finalists, Professor Hart remarked: “As in previous years I was impressed by the high quality of the finalists’ essays, which covered inflation, the environment, China’s birth rate, and housing shortages. Congratulations to our Finalists and Highly Commended Essays! Professor Hart has concluded the final adjudication process, and we are proud to announce our three winners, listed below. The submissions in this year's contest were incredibly well researched, developed, and argued. HIEE C 2022 HUEA thanks all those who participated in HIEEC 2022.
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