The imbalance of expenditure and revenue of the Olympic Games has always been an issue for the host city. According to Allison …show more content…
The Olympic Games can stimulate the place market by adding jobs opportunities and attract tourists. It can also transform the transportation system of the host city, result in an all-round traffic system. Moreover, the Olympic Games can provide a long term environmentally benefits to the host city. However, the costs of the Olympic Games can also be crucial. The expenses to host the city can be immeasurable due to the quick changes in global market. Games dividend is not guarantee to compensate the effort that the host city makes. Also, default in legacy planning may result in heavy debt and abandoned facilities. In general, the costs of the Olympic Games do not seem to outweigh the benefits. Rather, it provides the future hosting city some essential consultations so that the costs of hosting the Olympic Games can eventually be minimized in the future