TOP 5 ADVANTAGES AND DISADVANTAGES OF HOSTING A GLOBAL EVENT

One could come up with many advantages and disadvantages of hosting a mega-event such as the World Cup, Olympics, or World Expo. It seems though that these lists below could be vise-versa (i.e. a long term investment could become a bad investment).

ADVANTAGES

Raise profile of city / country

Long-Term Investment

Jobs and Investment (What does this really mean?)

Enthusiasm (Really?)

Short-Term economic benefits

DISADVANTAGES

Cost of building stadiums

Short-Term use

Potential for Negative Publicity

Cost of Security (Really?)

Higher Taxes to Pay Cost

Read More:

http://www.economicshelp.org/blog/4909/economics/advantages-of-hosting-a-major-event/

 

 

0 Comments

Leave a Reply