The Impact Of The Sydney 2000 Olympics

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.

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 expense of international entertainment and competition? The Olympic games not only harms the economic stability of its host nations, but also demoralize the natives of the country by weighing pointless entertainment

The 2002 Salt Lake City Olympics had a dramatic impact on the economy not only the year of the event, but for years to come.

These two olympics were filled with more controversy than all others. The 1980 Olympic Games were held in Moscow, but back then it was a part of the Soviet Union and we were in the middle of the Cold War. Many people around the world were awestruck by the fact that the IOC had even given Moscow the opportunity to be the host city. Due to the Soviet Union’s invasion of Afghanistan, 8 months prior to the Olympics, the United States of America and 64 other nations chose to boycott the 1980 Olympics and did not participate in them, leaving only 81 other countries to participate. Oddly enough the United States had gotten the bid to host the 1984 Olympics in Los Angeles. The Soviet Union then returned the favor and boycotted the 1984 Los Angeles

The dramatic change that happened to Newington was the event of the Sydney Olympic Games in 2000. Prior to this, Newington was considered a wasteland and was unused. Pictured above is the Olympic Village, equipped with hundreds of apartments (point 2) for the purpose of accommodating the competitors. Roads were built travel through the suburb (point 1). Parks and open spaces were made available

The sporting mega events that were chosen for our analysis was the Summer and Winter Olympics, the World Cup and the Commonwealth Games. These 3 events are the largest mega events in the world, and are excellent representations of sporting mega events as a whole. We wanted to go as far back as our data indexes allowed us to go, which was the 1996 Summer Olympics in Atlanta, so we made that our starting point. Our goal was to look at all of the bids made for the mega events, and look at a selection of variables influence on their chances of winning. We used data from the year the countries hosted the events (excluding the data used for future events) in order to go as far back as the indexes would allow us.

"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

The Commonwealth Games is an event that the whole country is looking forward to. The opportunities for athletes, sponsors and the community are immeasurable. In this article, we will endeavor to show what benefits there will be, how possible issues will be resolved and what a great experience it will be for all those that attend.

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

With the Olympic games being held in Sydney this year, I wondered if perhaps the performance of the economy was being affected in part by the fiscal stimulus provided by Olympic construction in Sydney and other parts of the country. Australia’s economy has been performing well recently, suggesting that there might be some effect. Over the last five years, growth in Australia’s gross domestic product has averaged 4.35%, almost a full point above it’s thirty year annual average of 3.5%, and the unemployment rate is near a ten year low. According to one estimate, the Olympics will tack on an additional six and a half billion dollars, about 1.6% of the GDP, to Australia’s GDP over the

Over the past few decades, sustainable business practices have become more prevalent and required in corporations. Australian organisations are required to be responsible for being sustainable socially, economically and environmentally, here we focus on the environmental factors. Australia’s government is constantly coming up

The Olympics have always been a special world tradition. More than just sports, its an event with such influence and spirit that it can unify an entire world of contrasting people. In its beginnings, the event was regarded so holy that even military threats and ongoing wars would be suspended for its duration. However, the cancellation of three (including 2 consecutive) Games demonstrated that as international politics and dispute increased, the importance and significance of the Olympics decreased. Additionally, the Games were economically proving to be too great a risk, especially after the financial disaster that was Montreal 1976. The Olympics were becoming a dying legend, and if not for the success of Los Angeles 1984 and head organizer Peter Ueberroth’s ingenious ideas, it’s possible the Olympics may not have existed today.

The whole world seemingly stops, all differences and fights cease, and competition ensues once every four years. This happens for the Olympic Games and the FIFA World Cup, two of the biggest international competitions in the World, and the source of abundant national pride. But what, perhaps, is the greatest honor for countries when it comes to these events? Qualifying? Maybe. Winning? Probably. Hosting it? Most definitely. Countries lunge, better yet, dive at the opportunity to bid for the possibility to host the Olympics or World Cup, but while this honor is a source of great pride and achievement, what is the true impact it carries? Is it an economic jolt for the host country that will boost their GDP? Or is it temporary nudge that will leave behind white elephants and wasted assets for the host country? These questions are particularly intriguing to me, being that I have competed at the international level (representing Puerto Rico for basketball) at qualifying tournaments for events like these two, and it seems like the host country is entrenched in joy and pride. Now granted, these qualifying tournaments are on a much smaller scale than the giants like the Olympics and World Cup, but I was so puzzled that a source of so much happiness and unity could carry along such a horrible aftermath as shown in documentaries and news clips. So I decided I had to investigate for myself, and this topic was absolutely perfect.

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

The Sochi Olympics of 2014 were advertised as ‘green’ because in preparation, everything would be built from scratch and they are going to minimize the environmental impact. This claim is ambitious but is questionable if it is as eco-conscience as they claim.