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August 2008

The Economics of the Olympics

Beta Gamma Sigma invites you to share your opinions with us by sending emails to bzine@betagammasigma.org.

Linked Articles:

Beijing Olympics: "Negligible" Economic Impact
By Chi Lo, FinanceAsia.com
"If you add up the total of $40 billion in Olympics-related spending in the past four years, it accounts for an average of only 0.3% of China's total GDP each year"

Costs and benefits of the Olympics
Economicshelp.org (blog)
"These are some of the economic benefits and potential costs of major sporting events."


The Economics of Olympics
Moneymanagements Weblog
"The macroeconomic impact of a summer Olympic Games is assumed to be over US$5 billion. The direct impact of investment and visitation is clear if short-term. The broader image benefits would be proven in the longer term: providing a platform for a nation's corporations to excel and providing a showcase for a city region to attract inward investors."


The Economic Impact of the London 2012 Olympics
By Adam Blake
"The evaluation of the economic importance of the Olympics to a host city, its  region and country has become an important aspect of the overall evaluation of  the value or worth of hosting the Olympic Games."


Will Greece be an Olympic winner?
By Simon Nixon

"Hosting an Olympic Games can often prove a long-standing drain on a country's resources, but there are up sides too, as Simon Nixon explains."


Economists predict little Olympic economic impact
RadioAustralia.net

"The Olympic host China is on track for a record gold medal count in the Beijing Games, but it appears any gold win for the economy is far from certain."


The 2012 Olympic Games and economic policy
www.london.gov.uk

A message from the Mayor of London about the 2012 Olympic Games in London.


Economy to carry forward momentum after Olympics
China Economic Net

"China's economy won't revert after the Beijing Olympics but will continue to develop even without the Games boost, according to renowned economist Fan Gang."

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