Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup (by Andrew Zimbalist)


Author(s): Andrew Zimbalist

Categories: Reference > General
Publisher: Brookings Institution Press
Publish date: 2015-01-14
ISBN-10: 0815726511
ISBN-13: 9780815726517
Language: English
Description: The numbers are staggering: China spent $40 billion to host the
2008 Summer Olympic Games in Beijing and Russia spent $50 billion
for the 2014 Sochi Winter Games. Brazil's total expenditures are
thought to have been as much as $20 billion for the World Cup this
summer and Qatar, which will be the site of the 2022 World Cup, is
estimating that it will spend $200 billion. How did we get here?
And is it worth it? Those are among the questions noted sports
economist Andrew Zimbalist answers in Circus Maximus: The Economic
Gamble Behind Hosting the Olympics and the World Cup. Both the
Olympics and the World Cup are touted as major economic boons for
the… more…

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