This ‘skating palace’ was a snip at $98m. Atos International

Olympic‑style mega‑events reach new frontiers, at a cost

There is a tendency – almost a law of nature – that governs the way the costs of large-scale international events such as the football World Cup and Olympic Games far outstrip the initial forecasts of…
Three cheers for economic impact. Paul Gilham/PA

Olymponomics: politics and the measurement of impact

Since the financial disaster of the Montreal 1976 Olympics, “economic impact assessment” has become an increasingly popular tool for host governments and organisers to justify the vast expense of major…

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