Quote:
Originally Posted by polak
Does a state of the art cancer center have the potential to revitalize the city in a recession? If done right, the Olympics can accomplish a lot more than being a "big party"
|
show your work.
There was no impact on the city of Vancouver, in the middle of a recession, from the olympics:
Quote:
“I think the overall lesson is that these are a very specific kind of phenomena. If you want to look at impacts you focus on the host city … there’s spillover, but it’s not sea to shining sea.”
The Olympics were a galvanizing force in B.C. for several years leading up to 2010, but the long-term social and economic impacts have been unclear.
The report states that the Games did not provide a significant boost in tourism, nor did the event appear to significantly change the international images of Vancouver or Whistler.
Compared with Edmonton and Toronto, Vancouver and Whistler had no significant increase in tourism in 2010 over 2009. “This finding suggests that being an event region had little to no effect on the number of overnight tourists during the event year,” the study states.
The report also says the Games, “did not appear to have influenced the attractiveness of the host [cities] with respect to either Consumer Price Index or the [value of the] real estate market … [with] no unusual change in either.”
|