The Economic Impact Of The Olympic Games Essays

I will focus on the impact of the modern Olympic Games on citizens’ livelihood in two major aspects which are respectively housing and employment. Firstly, a literature review will be given to each aspect, the methodologies of these research will be reviewed and analyzed afterwards, followed by the identification of their limitations. At last, some recommendations on future research and conclusion will be included at the end of the field paper. Since the summer Olympic Games has been first held…

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…

billions of people. No one sporting event is greater than the Summer Olympic games, for it brings together athletes from all across the globe to compete and represent their respected nations. Winning an Olympic gold medal can create a widespread feeling of patriotism and unite a nation. Unfortunately, the events of the 1972 Olympic Games were a catastrophic disaster. Consequently, the following will reveal the 1972 Munich Summer Olympic Games tragedy and the ramifications of its build up, the event, and…

Economic Impacts of Beijing Olympic Bird Nest and Water Cube: We can all recall the opening of Beijing Olympic in Bird Nest where the gorgeous fireworks and fantastic shows were shown. As well as the Water Cube, an exquisite designed water stadium, which all the water competitions were hosted. After the 2008 Beijing Olympic, those multibillions infrastructures were put into use only a few times and for most of the time, they were empty. Some people believe the construction of those infrastructures…

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…

Literature Review The Olympic Games and the impact on the infrastructural development on the host country The Olympic Games is known today as the most visible and spectacular International Public Event. Over the last 20years, the Games have experienced unparalleled growth and universal popularity. The first modern Olympics held in Athens in 1896 attracted 311 athletes from 13 countries. In 2000, the Sydney Games involved 10,651 athletes from 199 countries, with ticket sales of 6.7 million and another…

What are the Olympics? The Olympics are a competition of the best athletes from all around the world. Every four years, thousands of competitors, supporters, and fans come together to compete or observe the games. For every Olympic Games a new host city is chosen. One reason the United States shouldn’t bid to host another Olympic Games is because tourism has many negative side effects. Also, hosting the Olympic Games costs too much money. Finally, the Games may lead to both national and international…

and winter Olympics. Those millions of people cheer mostly for their country and wear their favorite athlete’s jersey. They plan parties for their favorite events and make memories with every game. With all the hustle and bustle, people don’t stop to think about how the Olympics affect the town, city, state, and even world around it. How does it benefit? What does it cause? What does it leave behind? Who does it impact? So many questions can be thought up about how the Olympics impact the world.…

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…

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…