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Positive effects of hosting the Olympics
Positive effects of hosting the Olympics
Economics of an olympic games
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2.0 Findings
2.1 Literature Review
The organizing of an international sports event can bring many benefits as well as adverse outcomes to the host country. However, this depends on the public as many people have different views on such event. This section covers past studies on hosting an international sports event which are reviewed to provide the information needed for the three research questions which were established in this research conducted.
2.1.1 What are the public’s views on Olympics?
2.1.2 What are the advantages and disadvantages of hosting the Olympics in Malaysia?
2.1.3 How will the Olympics affect the economy and the welfare of citizens?
2.1.1 Public’s views on the Olympics
After the London Olympics in 2012, Sports Minister Hugh (cited in BBC 2013) mentions that even after the Olympic has ended, people outside England could still recall about the events and would congratulate on organizing the best Olympic event. The Olympic legacy ambassador, Lord Coe, added that economy boost was undoubtedly distinguished and that a survey conducted regarding the Games after the event showed a good outcome (BBC 2013).
Prior to the bidding of which country to host the Olympic, Japan was chosen to host the 2020 Olympic. Japan’s Prime Minister Shinzo Abe proudly declared that such event can unite people and it was like a celebration in offering dreams and hope. In addition, he also wants to give back to the world for helping Japan after the 2011 earthquake by organizing a safer and secure Olympic event (CNN Staff 2013).
While in Rio, Gomes (cited in Smale 2012), agreed that the citizens of Brazil became more attracted to the Olympics after the 2012 Olympic in London. She concluded that according to the public, Rio would not gai...
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...and it provides job opportunities for local residents (C Phang 2013, interview, 11 October).
2.3.3 Disadvantages of hosting the Olympics
However, these jobs are only for a short-term and will lasts for the duration of the Olympic event. She mentions that Malaysia is not up to the state for athletics and that sports facilities would have to be supported and maintained, otherwise it could become non- beneficial to the country. One of the disadvantages Miss Cynthia agreed on is the probability of problem arising from the Olympic, which she added on by stating robbery will increase if the tourists are targeted by robbers. She concluded that the income earned from the Olympic Games will only cover the costs for the organizing of the event and this matters only goes to the organizations and individuals who are involved in the event (C Phang 2013, interview, 11 October).
Brazil is bound to host in a two-year span the largest sport events in the World, The 2014 Soccer World Cup and The Olympic games in 2016. The country will attract a lot of investors looking for some brand exposure since the whole world will have their eyes turned to this tropical country. These events present opportunities for Brazil to benefit from tourism and prove to the world that it is ready to take its place as an important piece of global governance. Although Brazil has a flourishing economy, it still has many characteristics of a third world country. Social issues remain present in the country’s politics. There are several concerns regarding the capability of an emerging country to host events with that stature.
Close, Paul, David Askew, and Xin Xu. The Beijing Olympics the Political Economy of a Sporting Mega-event.. Hoboken: Taylor & Francis, 2006.. 34-35
Since 776 BCE, the Olympics have been a way for people of different cultures to come together and compete in friendly competition. In 1892 the first modern Olympics were held in Athens, although it had been over a thousand years since the last game it still had brought together an assortment of different religions and ethnic groups together. Many factors shaping the Olympic Games reflect the changes that have taken place in our world since the last game in 393 CE in Greece such changes include woman’s suffrage, global economy, world wars, and proving competency.
Erin Franklin Mrs. Bauch 5th Hour Speech 18 May 2016 How many of you know that the Summer Olympics are in Rio this year? What has been happening to Brazil will possibly serve as a lesson to other countries wanting to host the Olympics (Navarro-Garcia). The 2016 Summer Olympics are expected to bring in around 500,000 people to Brazil (? Zika concerns mount?).
The sports industry is a very big business that contributes great amounts to the economy in terms of turnover, taxes and jobs. The sports industry has an economic cycle. So it depends on different parts of the year to hold big events. The benefits to be gained are that local communities as suppliers of services and goods obtain increased business.
...rts across the world. Back in ancient times, no athlete became recognized, there were no sponsors, and it did not benefit your life as much as it does today being a professional athlete. Being an Olympic trainer or athlete takes hard work and dedication to be an Olympic participant. In ancient times, people could be amateurs and still participate in an event while today, being an athlete determines your career or your future. If you are a phenomenal athlete in any type of sport, worldwide sponsors will notice you and that basically starts you whole career. If an athlete is fluently good in what he does best, he or she will start getting paid a lot of money for commercials, interviews, shows, and products. When an athlete starts making enough money in the Olympics, he or she can start his or her own business, which leads you to know what your future will be like.
Hosting the Olympics comes with many perks for such as, prestige, the creation of new facilities and countless amounts of benefits. With so many things the Olympics has to offer, there can be numerous reasons why countries compete to be elected as the hosting country for the Olympics. The most common reason countries want to host the Olympic is because of its potential ability to improve the country’s economy significantly. With the entire world participating in the Olympics, the hosting country can market...
The organizer have been missing a great opportunity to celebrate their games and enjoy the festivities because masses of cheering fans and Olympics revelers would help present their country in the possible light, as the games are being televised to an estimated worldwide audience of more than 4 billion.
The Olympic Games plays a significant role in the world. The relationship between it and host countries is important to investigate for comprehending cultural studies. According to Xu and Kirby (2008), the Olympic Games has a considerable impact on the expression of national identity. For example, London applied this approach to promote its national identity. This can be discovered from the BBC video called James Bond escorts The Queen to the opening ceremony in 2012 (2012): an amiable identity is perceived by the audience through presenting corgi at Buckingham Palace. Moreover, China is no exception. There is an image about the opening ceremony of the 2008 Olympics, it shows a spectacular drumming performance. In addition, an article about
One may disagree that hosting Olympics is not worthwhile as it requires a city or a country to bring out an enormous sum of money for the preparation and planning of hosting the Olympics. Zimbalist (2012, pp. 116) says that the summer Games roughly generates a total of $5-$6 billion and almost half of it belongs to the International Olympic Committee. On the other hand, the cost of the games has increased roughly
... able to be the competitors of the Olympic Games, this is an internationally recognized action for them. If the IOC did not co-ordinate this event well, believe that the development of Olympic Games may not be as well as today.
Sports may have impacted our culture much more then we thought it would, and keeps impacting. Sports have affected some of the most important aspects of life, such as jobs and money. It has also affected things as little as who we look up to and how we dress. Culture means “the arts and other manifestations of human intellectual achievement regarded collectively.” The definition of sports is “an activity involving physical exertion and skill in which an individual or team competes against another or others for entertainment.” So when we put two and two together we get a a nation or world that has changed due to sports. Back in the mid and late 1900’s sports were used to see whose way of life was better. As time went on and keeps going on, we
Sport has always brought people from different backgrounds, beliefs, ages and cultures together. There are the lager events, such as the world cup events and the Olympics that bring people from different parts of the world for a short period of time together all to watch a sport they love. Smaller events that occur amongst a country can bring people together despite any issues occurring in it.
Sports throughout history have shown close ties and relations to values and cultures of a society. Sports and competition have adapted and grown as the world and people have grown and developed. Sports are often seen as simple consequence of the industrial revolution. The Impact of increased urbanization, better communication and transportation, as well as more time and income for specialization, all led to the creation of sports. (szymanski). In essence As the public sphere grew so did the concept of sport. (Szymanski). Even the impact colonization had on spreading sports, shows the congruence between the development of society and development of modern sports. What make sports very unique is that they always bring about a sense of culture
The Olympic Games are a spectacle that all enjoy all over the world. The Olympic Games are a series of sporting events that are played by people all over the world. These athletes come from all corners of the globe to one place that changes every two years to partake in an epic event. Billions of people sit at home to watch the glory that is the Olympic Games, and some are even lucky enough to go to see the games in person. It seems that the Games always had this majestic feeling dating back to some of the very first Olympic Games, which can be traced to as early as 776 B.C. The Historic Olympic Games took place every four years in Olympia. These Games, however, have some other major differences to the Games of today. Firstly,