Journal of Economic Perspectives (American Economic Association)
Primavera de 2016, by Robert A. Baade and Victor A. Matheson
Abstract
In this paper, we explore the costs and benefits of hosting the Olympic Games. (..) Each of these costs and benefits will be addressed in turn, but the overwhelming conclusion is that in most cases the Olympics are a money-losing proposition for host cities; they result in positive net benefits only under very specific and unusual circumstances. Furthermore, the cost–benefit proposition is worse for cities in developing countries than for those in the industrialized world. In closing, we discuss why what looks like an increasingly poor investment decision on the part of cities still receives significant bidding interest and whether changes in the bidding process of the International Olympic Committee (IOC) will improve outcomes for potential hosts.
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| Montagem: Avebarna |
2016-07-19
