4 short reports

Running Head: A REPORT ON OLYMPICS HOST COUNTRIES/CITIES 5

Report On Olympics Hosts

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REPORT ON OLYMPICS HOSTS

Introduction

Since the start of modern Olympics back 1896, the Olympic Games have been hosted in different countries and thus cities which are located in different continents. Famous host cities in this context include Athens in Greece, cities in China, Canada, Russia and England; among others. In this context, this paper seeks to present brief but sufficient reports on some of the renowned Olympic hosts such as England, china, Russia, Canada and Greece. The reports shall cover each a host and shall discuss on political, economic and technologic states of these Olympic hosts, both before and after the hosting of the Olympics. These are as follows:

1. Report on London, 2012 Olympic Games (England)

The 2012 Olympics were hosted in London, which serves as the capital of England; and a three times host of these very world games. The first time the Olympics were held in London was in 1908 and the second time, 1948. It is important to note that the 2012 games are the most recent. Generally speaking the hosting of these games is estimated to have cost the host a total of about £10 billion. In the nation, the Olympics had a couple of impacts both socially and economic wise.

An overview of the impact of the Olympic and Paralympic Games in London

Right from the onset, it is worth noting that the Olympic Games draws audiences and participants from far and wide across the globe and usually, good planning is done as part of the very challenging preparations for the events. In return, the games are of enormous benefits when considered from a positive analytic approach. For instance, the 2012 Olympic Games in London raised revenues to the scale of £7.3 billion and were able to set a lasting impact of witnessed contribution to the United Kingdom’s gross domestic product, up to the year 2017. All these were tapped from over 18 million visitors who attended the games.

· Job creation

During the preparation for this event, a lot of construction and arrangements for security matters lead to vast job creation. It is estimates that the games created over 46000 manual jobs and a projected a projected 160,000 employment opportunities are on record, estimated as of up to the year 2017.

· Tourism Impact

Another interesting impact of both the Olympics and the Paralympics is in the London city and the United Kingdom at large is increased tourism activity. This is notably vivid through the increase in both domestic and international flights with visitors heading to the established tour centers and hotels, a development achieved as result of the infrastructural changes during the preparation for these games. Most notably, the seven weeks of the event was characterized with increased domestic tourism as well as those visiting. Since then, the industry has developed greatly even days after the games were over. Thanks to the games.

· Happiness from the Hosting

Generally, the hosting of the 2012 summer Olympic Games presented happiness to the UK’s community as their residents felt privileged. Also, in the economic sense, the residents were presented with a good opportunity to trade; which all led to improved and better economic outcomes. Cultural changes also occurred since the participants were from diverse backgrounds.

Legacy: Labor Market

In a nutshell, the labor market gained better training and especially the construction industry fared well with over 3,000 jobs created. Also, during this period and afterwards, better pay packages have been witnessed with about £121 million being spent on wages and training

Unexpected Expenditure increases

However, the witnessed results came after a great deal of efforts and expenditure. For instance, the London Organizing Committee of the Olympic and Paralympic Games (LOCOG), which was mandated to organize, plan and check on the hosting, spend over £1 Billion derived from the UK GDP.

2. Greece

Greece is generally regarded as the origin of Olympics since these games traces their roots to Athens, its capital. A couple of Olympics games have been staged within Greece. Generally, the region is historically known for its contribution to the birth of the games philosophy. Generally Greece can be looked into under the following subcategories which are also relevant to its preference in the games and thus the Olympics context.

Culture

Firstly, Greece enjoys a diverse culture manifested with rich and diverse philosophies and whose older generation is renowned for being tactful under the school of though and inventions. Such inventions, among which games are part and parcel, offer the power behind …continue from here…and please use simple English like mine and use the skeleton I have to do the remaing four reports. 1.5 pages each report then a small conclusion of 6 sentences APA

Rich & diverse traditions

Turbulent history of:

Terrorism

Political fights

Assassinations

Dictatorships

Wars

Very prideful people

Economy Before

January 2001- drop its currency & join the Euro

In 2003 GDP $194, 991 million

Greece struggling:

Lose $261 billion crime, corruption, tax evasion

Unemployment rates- 9.4%

Countries worried about 2004 Olympics?

Terrorism

Responsible for murder 20 businessmen & diplomats

Greece's Economy Crisis

Invested in venues and landmarks:

now vacant

cost $11 billion remodel

$1.2 billion for security

double initial budget

6 years later- not even half of Olympics sites used

Greece in debt $382 billion

Received $135 billion in bailout loans through IMF

The Struggle

Continues to struggle with economy:

employment rate rise- 27.3%

Continue to face issues with venues:

Sell to large companies/corporations

China

China's Economy

GDP in 2008 was 30.067 trillion yuan (US$4.4216 trillion)

2006 economic growth rate of 12.2

In total, 2008 Olympics costed 40 billion US dollars bringing 105.5 billion yuan to Beijing's GDP

Olympic Games gains consistent amount of tourist annually Post games

China's Culture

Opening Ceremony of culture presentation cost $100 million

Presentation expressed man's common pursuit of harmony and peace as well as the 4 inventions on a painting scroll

396 athletes on team: 171 male 225 female

serious, disciplined, artistic

GDP

Per capita GDP more thank doubled

Per capita wage of urban workers increased of almost 110 percent

The actual annual average increase rate reached 15.7 percent after allowing for inflation.

Employment in China

During 2004-2008, major construction projects for the Olympics not only provided over 430,000 jobs, but the retail and wholesale industry created 130,000 new jobs.

created 1.8 million new jobs across all the industries, of which more than 370,000 posts were created in 2010

Globalization

Human Rights Watch pressured the IOC to compel Saudi Arabia to send its first woman to the Olympic Games; it was just announced that the Saudis, as well as the other two holdouts (Brunei and Qatar) would send their first female athletes.

in 2008 the number of American sponsors in the International Olympics Committee's global TOP program reached an all-time low of 5 out of the 12, while Lenovo became China's first TOP sponsor

nearly five million Beijing residents have a certain level of spoken English, and about 30 million foreigners are learning Chinese.

Russia

Economy

GDP is 2.015 Trillion

Cost of Hosting 50 Billion

Economy is down in Russia by 2/3

Inflations are high

Ruble is weakening

Russia's Cultural Differences

Anti- Gay Propaganda passed last summer

Social Media policies

Human rights

Corruption

Globalization For Russia

U.S. and Europe protest against Europe

Putins Anti-Gay propaganda

Civil war in Northern Caucus

Terrorism

Pros and Cons of Hosting the Olympics

To appeal to investors

Infrastructure Investments

To boost the economy

Political issues

Terrorism

Does not boost economy