The negative impact of recent Olympic Games on the host country has caused controversy on whether this event is sustainable. The Olympics have a huge impact on the economic, social, and environmental aspects of the country, but the multiple viewpoints show that everyone perceives these impacts differently. Furthermore, assuming that one aspect brings positive impacts to the country, there is always a chance that another aspect is influenced differently. The cost of the Games is one of the largest impacts on the country, and the Olympic Games in 2008 cost $42 billion alone (aperianglobal.com). Additional factors, such as the pollution caused or the drawbacks of tourism, have also led the media to question whether the Olympics are worth the …show more content…
London spent almost $1 billion building the stadium and transforming it for the different events (theguardian.com). Cities also spend billions refreshing their infrastructure, which includes new airports, roads, subway systems, parks, and public buildings. While this can be an advantage, the cost of improving all of these in a short period of time becomes substantially greater because of the time limit. In 1992, Barcelona spent 83% of their expenditure on infrastructure improvement; only 17% went towards the Games themselves (britannica.com). Host countries are always competing for “bigger” and “better” Olympics, which keeps increasing costs each time as well.
Because this large debt must be paid for eventually, government has turned to increasing taxes to help pay off debt. This puts a strain on citizens’ income, and consumers end up spending less. Some debt is paid off by the revenue from the Games, but it is a common misconception that the Olympics bring in enough money to cover expenses (1millionwomen.com). The London Games brought in only $5.2 billion from their games, while they spent over $15 billion. Out of the revenue brought in, most of it would go to international companies that occupy the country just for the Olympics. This results in the billions of dollars in debt.
On the other hand, the Olympics have created a positive economic impact for the host country in many other ways. The increased tourism causes an economic boost
It is evident that hosting the Olympics games is no walk in the park. The countries trusted with this task have to spend billions to make the games a reality. Some people believe that the countries, even after spending billions of dollars benefit from the games, while others believe that the money can be spent elsewhere more efficiently. To reach a conclusion, one must study all of the different impacts in all of the different sectors the games have.
London is currently hosting the Olympics this year and in preparation back in 2009 the event was predicted to “provide economic gold at a time of economic need,” however hosting the Olympics is an extremely costly business with the upgrades, new sports facilities, and security that it will cost much, much more than expected.
Ever since its inception in 1896, the Modern Olympics has hosted an invisible sport: politics. The Olympics calls for “a halt to all conflicts … [and to] strive towards a more peaceful world,” but politics soon spoiled its biennial message. “As the Olympics continue to dissolve into … a political competition … they no longer … justify the time and trouble,” Dave Anderson, Pulitzer Prize winner for his sports column, wrote in the New York Times in 1984. The Olympic spirit has routinely been used as an outlet for political agendas. With political and Olympic ambitions intersected, the great international sports festivity negatively affects all nations involved.
The culture is constantly changing due to trends arising, and new technology shaping our life. With snow sports arising in the past 100 years, the culture has changed drastically, and the culture in the past 10 years has changed even greater due to the combination of technology and these activities.
"The Olympics are a wonderful metaphor for world cooperation, the kind of international competition that's wholesome and healthy, an interplay between countries that represents the best in all of us,” said John Williams, the composer for theme music for the Olympics (8). The Olympic Games are international sports festivals that began in ancient Greece. The first ancient Olympics can be traced back to 776 BC when people held this religious festival to honour Zeus, the father of all the Greek gods and goddesses. The participants were male citizens from Greece, and these athletes participated in only one event — foot race. Unfortunately, this ancient Olympics did not last forever. The first olympic in 776 BC in Olympia was an significant event
Countries utilize both the vast market and the attractiveness to increase ticket sales, sales in merchandise and tourism in their country. For the 2012 Olympic in London, it was estimated that 471,000 people visited from overseas primarily for the Olympic/Paralympics. ("Visits to the UK for the London 2012 Olympic Games and Paralympics - ONS", 2013, p. xx-xx) Not only does the country benefit from the ticket sales, but other businesses in the city (Hotels, restaurants, attractions, etc.) will flourish in business due to all the international trades that are occurring. The Olympic also provide jobs since the preparation, and the execution of the event requires a large staff as well as people with different skills. (Performers, construction workers, marketers, designers, etc.) Thanks to the Olympics, the United Kingdom saw a boost of £9.9 Billion ($17,805,486,600 CAD) in trades and investments. ("London 2012 Olympics 'have boosted UK economy by £9.9bn'", 2013) Hosting the Olympics can also make a psychological impact. With the great success Japan had in hosting the 1964 Olympics, (the first Asia Olympics as well as a method of being reaccepted by the rest of the world after World War Two), news that Japan will be hosting the Olympics 2020 significantly brought their citizen’s morale up after being hit with
They stimulated the development of Sydney's transportation, tourism and real estate industries. The direct revenues hit USD $2,605 million, the most profitable Olympics. Additionally, it stimulated 500,000 travelers for the tourism. The post-Games phase increased the GDP by 0.07% in an average year, the same order as the labour productivity improvement of 0.05%. The trade balance increased from $1.3 billion deficit in August to $677 million surplus in September. Due to the infrastructure created, Sydney is able to host world-class events like the Rugby World Cup.
There Olympics games are really expensive. When a city is hosting the Olympics, they tend to go all out for the opening ceremonies and facilities, going over their budget. If the city is going to go over budget, they should that they could make the money back. A perfect example of that is the two thousand four Summer Olympics held in Athens, Greece. Greece was only going to spend four point six billion dollars as that was their official costs. But the prices rose up as
The Olympic games could make or break us. There have been several cases where hosting the Olympic games turned out to be good for the city, but there have also been cases where hosting the games became a nightmare. For instance, in 1996 the Olympic games were held in Atlanta, but did not turn out so well due to the way the city went about funding the games. The city used private funding instead of going with public funding because they believed they would generate money more efficiently. In addition, a bomb went off during the games which caused tremendous chaos in the city. Unfortunately, it did not go so well and although there were many great outcomes of the games such as new parks and stadiums, there were many different mistakes made
The Olympic Games attracted a lot of people as increasing the tourism. Although The Rio Olympic Games drawn huge attention because people around the world are coming to Brazil to not only watch world class sports competition and visit the beautiful scenery of Brazil, but also to support their beloved national teams and show their national spirit. This in turn drawn huge influx of tourists to the country and raised a significant amount of revenue to Brazil. Before the event, media has predicted
The author provides staggering statistics from these past and present games, to back up the idea that Chicago remains better off without the games. London spent $14 billion, Beijing spent $40 billion, and
This is estimated to generate an additional two and a half billion dollars in tourism exports (Arthur Anderson/CREA,1999, p 2). The Olympic games have also provided an important boost to employment. The Olympic Co-ordination Authority(OCA) estimates that more than 35,000 people have worked on Olympic Co-ordination Authority construction sites since the first project at Homebush Bay was started. It is estimated that since the Olympic Co-ordination Authority was formed in 1995, over twelve and a half million hours have been worked on Olympic related projects. There will also be multiplier effects. According to the Olympic Co-ordination Authority, every job created on a construction site created two more off site for suppliers, material producers and transport workers. (Olympic Co-ordination Authority,1999, p5.) The Olympics also boosted North South Wales’ employment by 5,300 in an average year of the 12 years representing the Olympic period. In addition 2,200 jobs were created outside North South Wales over the same period (Arthur Anderson/CREA, 1999, p3).
Throughout the years, major events such as the Olympic games have shaped our history, establishing global tradition and unity. The games serve as a gathering for hundreds of competing nations, with each country showcasing their best athletes. However, the games were not always how they are today and have changed dramatically throughout the years.
The scope and scale of the modern Olympic is one of the direct sources of the internal risk which is likely to be encountered by the host government (Brazil) and the city (Rio de Janeiro) during the upcoming 2016 Olympic Games at the national level. The level of the total amount of resources required to comfortably stage the Olympic Games has greatly been increased by the consistent increment of the number of events, officials, participants and the media viewers. Currently the 20016 Olympic budgets are estimated to be around $33 billion. The economic risks that face both the international organizing committee and the host city (Rio de Janeiro, Brazil) have been increased by the increase in scale of Olympic movement. The gradual increase in cost and revenue over the years has resulted to potential losses increasing proportionally to the potential gains (D 'agati, 2013).
Olympic Games, as a global event, any Olympic Games will have a different impact on the environment, society, culture and economy of the host city and country. Especially since the 1980s, with the scale continues to expand, the impact of the Games on the host city and country of more concern. Another important issue will be social communities. For Olympic Games host city, it will has lots of change, like environment, social communities, local economic, etc.… But the host city still got something attractions and cultural staff. For example, Canada Whistler Winter Olympic Games, First, because of economic development, job opportunities increase, leading to increased consumer demand. Second, the Olympic Games will have a great demand for