Effects of Latest Olympic Games to the Economy – Is It Worthy to Organize Them?
Vol.9,No.1(2015)
One of the main reasons for organising big sports events such as Olympic Games (OG) is that they should have a positive effect on the organising countries economy. Our paper analyses literature regarding the economic effects of the London OG and some other events to see, if accessible the analysis confirms this argument. The findings show a rather neutral or negative outcome. The main method used was analysis of documents.
Olympic Games; London Olympic Games; economic effects; sports economics
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