HomeSports 2.0KreedOn Case StudyEvaluating the True Cost of Hosting the Olympic Games: Economic Insights
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Evaluating the True Cost of Hosting the Olympic Games: Economic Insights

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There are several cities in the world that would love to have a chance of hosting the Olympic Games. It is because there is a possibility of getting international recognition for the city, economic growth and improvement of infrastructure making it appealing to host the Olympics. Nevertheless, this grand event can bring about financial nightmares as against its promises. After all the flame has been extinguished; these cities will still have huge debts plus ongoing maintenance costs of hosting the Olympic Games. This article explores various aspects such as: the Rome 1960 and Athens 2004 games, their positive impacts to their economies and the lessons learnt from them.

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