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Hosting the Olympics: A Financial Tightrope
Hosting the Olympic Games has become a financial challenge. Learn about the costs, risks, and potential benefits involved in hosting this global event.
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CuttNews -
2024-07-26
The City of Lights is currently in the global spotlight as it hosts the Olympic and Paralympic Games. However, behind the scenes, economists are raising concerns about the increasing financial burden of hosting this prestigious event. In recent decades, the Olympics have been marred by budget overruns, long-term debts, wasteful infrastructure, and political and environmental controversies.
While the International Olympic Committee (IOC) aims to take a more frugal and greener approach with the Paris Games, economists argue that a truly sustainable future for the Olympics will require significa ... clique aqui para ler mais.
