How much economic benefit the Olympics can bring

Updated on Financial 2024-03-26
8 answers
  1. Anonymous users2024-02-07

    Billions can be made in the next 10 years.

  2. Anonymous users2024-02-06

    The Olympic Games is the most influential and widely participated sports event in the world, which has not only affected the development of sports cultural products and services, but also has a deeper impact on the economic growth of the host city, stimulated the development of the regional economy, and then had a significant impact on the economy of a country.

    By analyzing the history of different cities hosting the Olympic Games, we can draw the basic conclusion: the economies of the host countries are at a high level during the Olympic Games, and the economic pull of the Olympic Games reached a peak two years before the Olympic Games. The host city of the Beijing Olympics has benefited greatly, but the overall economic benefit is limited.

    The improvement of the industry by the Olympic Games is mainly concentrated in the construction industry, transportation and communication industry, and social service industry.

    The Beijing Olympics will significantly boost Beijing's GDP growth, with an average annual increase of about one percentage point in 2003 and 2007, and the pull effect will peak in 2008. We believe that eight major sectors, including tourism, commerce, real estate, construction, transportation, sports, science and technology information, etc., will get significant development opportunities in the Beijing Olympic economy. At the same time, as a platform to show China's image to the world, some of my country's brands will be enhanced in value.

    According to the performance of various countries during the Olympic Games, combined with the high growth trend that China's macro economy can maintain before 2008, we believe that the Beijing Olympic plate, as a distinct theme, will also have significant space and can still be used as a key investment direction in the future.

    Beijing's successful bid to host the 2008 Olympic Games will promote the development of infrastructure construction, science and technology information industry, sports industry, media and advertising, environmental protection, tourism industry, education industry, and other industries, and promote the rapid growth of the surrounding economic circle and the domestic economy. In this process, industries and listed companies related to the theme of the Olympics will gain new development opportunities, which will bring significant investment opportunities to the ** market investment. In order to better understand the economy of the Olympic Games and grasp the investment strategies under the Beijing Olympic Games, we provide a special analysis of the investment strategies under the Beijing Olympic Games based on the experience of the host cities of the Olympic Games.

  3. Anonymous users2024-02-05

    I think it's earning, because hosting the Olympics can increase the country's economic level, and it can also increase the country's income level, and the Olympic ticket is very expensive, so I think it's earned.

  4. Anonymous users2024-02-04

    I think that hosting the Olympic Games is a loss, because it requires a lot of manpower, material resources, and financial resources to run the Olympic Games, and the profits it brings are indeed very small.

  5. Anonymous users2024-02-03

    The Olympics are profitable, because there will be many sponsors, and the impact is very high, very eye-catching, and it can bring certain economic benefits.

  6. Anonymous users2024-02-02

    Hosting the Olympics is a loss because there will be many sponsors, and the impact is huge, very eye-catching, and it can bring inevitable economic benefits.

  7. Anonymous users2024-02-01

    The reason why the Olympics are so popular is because the Olympics can bring four benefits to the host country:

  8. Anonymous users2024-01-31

    The direct benefits exceeded US$2 billion, and the indirect benefits were eight items.

    According to relevant statistics, for the countries hosting the Olympic Games with a per capita GNI of less than 2,000 US dollars, that is, for the countries in the economic development stage, the hosting of the Olympic Games plays the greatest role in promoting the country's GDP. Due to the large fluctuation of its GDP, its economic growth rate is much higher than that of the successful Olympic bid year in the pre-Olympic stage and the Olympic stage, while the growth rate gap between the post-Olympic year and the successful Olympic bid year has decreased.

    Such countries have a large investment demand in the pre-Olympic stage, and the growth of investment in the pre-Olympic stage and the growth of consumption in the Olympic year have a great effect on the GDP growth of the host country. In the post-Olympic stage, due to the reduction of investment and the reduction of consumption level, due to the effect of economic inertia, it can still maintain a higher economic growth rate than when the Olympic bid was successful, which shows that the Olympic Games can continue to play a role in promoting the economy and economy after being held.

    For countries with a per capita GNI of more than US$2,000 and a total GDP of less than US$200 billion, hosting the Olympics will have a smaller role in promoting GDP growth than the former. Because the GDP growth of these countries fluctuates less, the growth rate in the pre-Olympic stage, the Olympic year and the post-Olympic stage is basically higher than that of the successful Olympic bidding year, but the gap between them is small.

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