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by HenryBemis
1921 days ago
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The upside is that you modernise your city. In this case, they would have receive X thousand/million of tourists, which they won't come. If you travel to Japan (e.g. from Europe) you don't just go for the events. You also say an extra 5-10 days. That is a big loss for the tourist industry, the millions of mouths eating in restaurants, drinking in bars, and on top of the costs/profits, imagien that the state takes a 5-10-20% on taxes, which would be reinvested to the country (education, infrastructure, health, etc.) It is a worse case sceario for the country. All these expenses and not near enought he revenue.. |
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In some cases that is true. But I've been to Tokyo twice as a tourist and didn't see much in desperate need of modernization.
And even if your city is in need of modernization, hosting an Olympics is a very inefficient way to go about it. The only argument that can be made is a political one where it is easier to convince the government to spend $10 billion on hosting the Olympics (and spending some of that on infrastructure renovation) rather than just spending $2 billion on infrastructure renovation. In fact the Mayor of London even said: “I bid for the Olympics because it’s the only way to get the billions of pounds out of the government to develop the East End – to clean the soil, put in the infrastructure and build the housing.”
However as many cities have found, the modernization done to host an Olympics aren't necessarily the modernizations a city needs the most long term,
In this case, they would have receive X thousand/million of tourists
Would they be getting more that they would otherwise though? As I mentioned elsewhere, London saw a clear drop in tourists visiting over the Olympic summer (with a matching decrease in restaurant and shop revenue), since it turns out many people who want to visit London would rather do so when there isn't a major sporting event causing massive chaos.
I mean yes. Spending all that money preparing for an Olympics and having no one show up is probably worse than having people show up. But not hosting the Olympics in the first place would obviously be the most financially prudent move