Quote:
Originally Posted by GGG
http://qed.econ.queensu.ca/working_p...ed_wp_1097.pdf
Here's a great analysis of the Vancouver games. I think it values some of the benefits to highly and it states such in its conclusion but it considers infrastructures costs and benefits very fairly.
It's a good read
Net loss of the games is 110 million. So in the end hosting the oloics go Vancouver some infrastructure it needed at an inflated cost.
|
That probably doesn't include the boondoggle that was the athletes village and the mess that happened when that was being built and the after effects on the city of Vancouver.
https://www.google.ca/amp/s/sec.theg...Fservice%3Damp
https://www.google.ca/amp/s/sec.theg...Fservice%3Damp