Maximising Benefits and Minimising Challenges of Hosting the Olympics

Analysis to recommend ways
of maximising the benefits
and minimising the challenges
of hosting the Olympics

EXECUTIVE SUMMARY
To host Olympic events, there are a lot of planning and structuring is required so for the
success of the event. Olympics is a huge event which can be hosted by a country and for that
there are going to be new infrastructures and improvement of the cities in which this event is
going to take place. The Olympics have been evolving since first modern games were held in the
twentieth century and the cost of hosting and revenue expanded rapidly. Hosting such events
have both short- and long-term benefits which are critiqued to be exaggerated as many hosting
countries can be left with huge debts and maintenance liabilities. The three perspectives analysed
in this report are economic, social and environmental impact. The major economic impacts are
Job creation as the sporting events require major investments for the construction of stadium,
facilitation of sporting equipment, audience spaces, hotels, and other venues. These jobs start
getting created 4 years prior to the event. The environmental impact is on the pollution levels and
wastage generated by the event. The social impact involves benefits for the residents of the
country in terms of social cohesion, entertainment, morale and many more intangible impacts.
The recommendations for lowering the negative impacts of Olympic games have been stated in
the report which includes long-term planning needs for the government in order to minimize any
losses, creation of more permanent constructions instead of temporary sports constructions which
are a wastage after the Olympics have ended, use of technological innovations and adopting
affordable yet cheap methods to counter disruptiveness.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................4
ANALYSIS......................................................................................................................................4
Perspective 1: Economic Impact.................................................................................................5
Perspective 2: Environmental Impact..........................................................................................6
Perspective 3: Social Impact........................................................................................................7
CONCLUSION................................................................................................................................8
RECOMMENDATIONS.................................................................................................................9
REFERENCES..............................................................................................................................11