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Why Hosting The Olympics Is A Loser's Game

 
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Bob Morris



Joined: 01 Aug 2006
Posts: 1909
Location: New Mexico
PostPosted: Mon Jul 23, 2012 2:06 pm    Post subject: Why Hosting The Olympics Is A Loser's Game Reply with quote
Good article by Andrew Zimbalist on why the Olympics really doesn't translate into a huge economic windfall for the cities that host them.

http://www.theatlantic.com/business/archive/2012/07/3-reasons-why-hosting-the-olympics-is-a-losers-game/260111/

Barcelona is the only exception in recent times, so perhaps one would need to look closely at what that city did to allow itself to become a bigger tourist attraction and thus truly help its economic situation.
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jdw
Site Admin


Joined: 01 Sep 2005
Posts: 12615
PostPosted: Mon Jul 23, 2012 3:18 pm    Post subject: Reply with quote
Just finished reading that before clicking over here. :) Good article.
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