Economic Impacts of Beijing Olympic Essay

Introduction It has been witnessed that Olympic games has brought a great deal of economic, social, cultural, environmental and political changes to the host country. From the perspective of economics, Olympic games can overall positively contribute the host country in its economic growth, urban expandation, employment opportunities, households’ welfare improvement, etc. For example, Korea and Japan have comparatively experienced dramatic GDP growth after Olympics in Seoul in 1988 and Tokyo in 1964 with

events are seen to have the ability to produce a wide range of significant economic and social benefits for communities and regions. In seeking to understand the field of special events, I took as a case study the Olympic Games mega-event. KEYWORDS: special events, Olympic games, mega-events, economic impact, investments INTRODUCTION The fundamental aim of this research is to measure the economic impact of the Olympics globally, regional and local. During the 1990s, there has been a growing

environmental impacts on worldwide mega sport events are catching an increasing attention. However the environmental impacts are complex and difficult to be assessed quantitatively, in spite of event stakeholders often insist that it is as important as social and economic legacies (Collins, Jones, & Munday, 2009). In the recent decade, several significant mega sports events took place which related to issues of environmental impacts, sustainability and greening events, such as several Olympic Games, Rugby

hosting countries experience the impact of unemployment increase in the hosting city, and experience how hiring so many workers affects the city’s budget. After Atlanta finished hosting, researched showed that the rise in the employment was a fraction of what the study predicted for employment for the whole Olympics (3). When employment does increase when preparing for the Olympic it does not help boost the economy it usually only increases the cost of the Olympics because of having to pay the workers

clamor for the Olympic Games, and cities aggressively bid for the right to host these events. Cities literally fight for the right to hold these games and spend exorbitant amounts of money in the hopes of bringing the worlds Olympiad’s to their municipality. But, is the prestige of being the host worth it for the host city? It is becoming more apparent that these endeavors are detrimental to the economy, if you look at the five most recent summer Olympics; Rio de Janeiro, London, Beijing, Athens, and

Hosting the Olympic Games is thought of as one of the great honor that a country can receive in the eyes of the world. By hosting the Olympic Games, this can provide a host country the opportunity to represent their nation-states with a universally legitimate way to present and promote their national identities and culture. The 2008 Beijing Olympics played a significant role in the social life of China and efficiently influence not only the history and grand socioeconomics transformation and modernization

Environmental Issues Before/After Beijing 2008 Olympics “Beijing organized the 2008 Olympic Games with the slogan, “Green Olympics, Hi-tech Olympics and People’s Olympics”. This slogan illustrates the determination of the Chinese government to offer an environmentally friendly yet impressive Olympic event.The 2008 Olympics “helped shape and foster a greater environmental awareness among the public and was an opportunity to showcase China’s commitment to growing in an environmentally sustainable

utilized to enhance the indigenous symbolic image and commercial value. This essay aims to investigate the branding strategies and their impacts on cites as well as discuss the phenomenon concerning the utilization of city branding, based on the review of the existing strategies that a city could use to promote place and analysis of a specific case of 2008 Beijing Olympic Games. Methods of literature review and case study were used in the research process, combining theories with the existing application

There are an increasing number of less-developed countries entering a bid to host major sport events such as the Olympic Games or the FIFA World Cup. Less-developed countries, also called developing countries or newly-industrialised countries, are defined according to the HDI (Human Development Index), which is composed of some measurable elements such as GNP (Gross National Product) per capita, number of years schooling and life expectancy (European Commission 2011). Some countries that are regarded

big trend in tourism industry, lots of people because Olympic Games, stars, attractions and movies are fascinated. Because of this kind of industry, it will be a high salary in tourism and hospitality. Also, it will increase income tax, marking, local communities, great attractions, historical staff and natural environment. This paper will talk about Olympic Games impact tourism and hospitality why they rise taxes and marketing, and why impact local communities in order to increase their international