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Circus Maximus - The Economical Gamble Behind Hosting the Olympics and the World Cup (Hardcover)
Loot Price: R483
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Circus Maximus - The Economical Gamble Behind Hosting the Olympics and the World Cup (Hardcover)
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List price R640
Loot Price R483
Discovery Miles 4 830
You Save R157 (25%)
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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 countries that host them, and the competition is fierce to win
hosting rights. Developing countries especially see the events as a
chance to stand in the world's spotlight. Circus Maximus traces the
path of the Olympic Games and the World Cup from noble sporting
events to exhibits of excess. It exposes the hollowness of the
claims made by their private industry boosters and government
supporters, all illustrated through a series of case studies
ripping open the experiences of Barcelona, Sochi, Rio, and London.
Zimbalist finds no net economic gains for the countries that have
played host to the Olympics or the World Cup. While the wealthy may
profit, those in the middle and lower income brackets do not, and
Zimbalist predicts more outbursts of political anger like that seen
in Brazil surrounding the 2014 World Cup.
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