Is There An Olympic Curse?
11:50:00 PM
Conventional Wisdom:
Traditionally, the case to host the Olympics was pretty straight forward: it should lead to economic prosperity and raise awareness for the host nation.
Economic Growth Slows Considerably After Hosting The Olympics
The facts paint a very different story. In most cases, since 2004, economic growth has slowed considerably for host nations. I limited the study to the past 12 years because the global economy has changed so much in the last decade that data from the last century is not as relevant. I’ll let the facts do the rest of the talking:
Here is a list of Olympic venues since 2004:
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