Effects of Latest Olympic Games to the Economy - Is It Worthy to Organize Them?

Abstract

One of the main used reasons for organizing big sports events such as Olympic Games (OG) is that they should have positive effects for the organizing economy. Our paper analyses literature regarding the economic effects for the London OG and some other events to see, if accessible analyses confirm this argument.

The findings are rather neutral or negative. The main used method was analysis of documents.

Keywords

• Olympic Games
• London Olympic Games
• economic effects
• sports economics
• London 2012