1960年以降の五輪はすべて予算オーバー,平均超過率172%。観光客の増加・建設業等雇用創出の効果も殆どゼロに近い。五輪レガシーによる長期的な効果も乏しい。多くはマニアックな競技のための特殊スポーツインフラであるため。https://t.co/g6ViQaPl4v
— Spica (@Kelangdbn) August 5, 2021
a 2020 paper by Oxford economist Bent Flyvbjerg found that “every Olympics since 1960 has run over budget, at an average of 172 percent in real terms, the highest overrun on record for any type of megaproject.” In other words, he found there’s something specifically wrong with the Olympics bidding process, even compared to other boondoggles.
And when it comes to the long-run economic benefits from improved infrastructure, they often don’t pan out.
And yet, that alone is a tough sell. It’s become abundantly clear that the financial cost of hosting the Olympics cannot be justified in economic terms.
As the Tokyo Olympics plays out in empty stadiums, the IOC will continue raking in profits from TV ad revenue as the world watches from home. But it’s the Japanese people who will inevitably foot the bill.
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