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 number of people advocating a move
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
English 11 Eilertsen 3 Behind the Mask of the Olympics Most people think of the Olympics as just a way for the world to join together and athletically compete but hidden behind the curtain of glory and valor, natives suffer through poverty from the unbalanced economy that is correlated with the hosting of the Olympic games. CNN and other news channels manage to capture the fantastics of the games, but always seem to avoid the discrepancies within the host nation. Why should the innocent suffer at the
world goes into a 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
AGRUMENTATIVE ESSAY Does holding the Olympic Games have benefits for the host country? In recent years, the Olympic Games have developed into one of the most significant mega-international sporting events (Roche,2000). More and more cities are bidding to host the Olympics and increasingly money are invested in Olympic bids, which is due to the reason that the government believe that they could get benefits from such
The Summer Olympic Games is the leading international sporting event in which thousands of athletes from around the world participate in a variety of competitions. According to existing historical manuscripts, the first ancient Olympic Games were celebrated in 776 BC in Olympia. They were dedicated to the Greek god Zeus and took place in the same place every four years. This four year period became known as an “Olympiad” (International Olympic Committee, 2012). The first modern games were held in
Hosting the Olympic Games is a massive risk that cities all around the world are willing to take. While many people assume that hosting the Games is a way out a debt, it can also be just the opposite. There are many factors that contribute to the overall success and failure of hosting the Olympics. For one, the results differ between cities. Cities within countries that are more economically stable seem to profit from hosting more than cities in countries that are less developed and economically
The Issues Developing Countries face when Hosting and bidding for ‘Mega Events’ [pic] [pic] Table of Contents Conclusion and Outlook based on Selection Criteria…………………………………..…..P22 3 I. Introduction 4 II. Developed Nations traditionally host ‘Mega-Events’ 6 I. 23 II. 23 III. 23 IV. Conclusion and Outlook based on selection criteria 23 Findling, John, Pelle, Kimberly Encyclopedia of the modern Olympic movement, Greenwood Publishing group, 2006 25 Gleeson
September 1st, 2006, the International Olympic Committee accepted the bid from Rio de Janeiro, Brazil to host the 2016 Summer Olympic Games. The nation’s government proudly declared the news to the world, and began to prepare their nation to host one of the oldest and most prestigious sporting events in the world. Now that the dust has settled, many are beginning to question whether the hosting of the 2016 Olympic games was a blessing or a curse. The Olympic games are one of the oldest and most prestigious
HOSTING OLYMPICS GAME, IS IT WORTH IT? Introduction The Olympic games was firstly introduced in 776 BC in Olympia, Greece, as a religious celebration to honor Zeus, a god in Ancient Greek mythology. It was a series of athletic competitions where representative from each city-state and then compete to become a winner. Nowadays, the modern Olympic games has become one of the most prestigious sport event in the world. There are thousands of participants and athletes come from hundreds of countries all over