Rio Olympics Impacts

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In recent years, Brazil - one of the South American countries, has attracted the worldwide focus, which is possible attribute to two largest sequential international events (World Cup and Olympics). These two events were held in this legendary land in succession. This international games were directly involved for more than 100000 people included 70000 volunteers and millions of Brazil citizens were directly or indirectly involved in the city build, that attracted over 15000 athletes form almost 250 nations to participate (Rio 2016th Olympics and Paralympic Games, 2013)during the two weeks competition.
The Brazilian government has confidently believed that these two international games seem like the fresh blood could motivate the Brazilian downtown market and change their depressed economy. However, before the beginning of Olympics, the rate of crimes and job loss had been staying at high level, and the Rio government continued to invest vast money in to the infrastructures and facilities
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2000th Sydney Olympics was called the highly positive events, while the Sydney’s stadium Australia had proved too large (80000 capacity) for the local sports events that typically attracted half number of spectators, and in the long time of this consequence result, federal government had to cost lots of money in cities participating beyond the duration of events itself (Searle 2002). When the Rio decided to bid for the Olympics, the Brazilian GDP did very well. But the Rio governors declared a state of emergency to secure additional funding for the Games due to the investment on the infrastructure and stadium building overused $1.6 billion dollar or 52% in the real term which contributed to the country 's deep financial and economic crises (Flyvbjerg

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