Circus Maximus by Andrew Zimbalist, Hardcover, 9780815726517 | Buy online at The Nile
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Circus Maximus

The Economic Gamble Behind Hosting the Olympics and the World Cup

Author: Andrew Zimbalist  

Circus Maximus traces the path of the Olympic Games and the World Cup from noble sporting events to exhibits of excess that with unfulfilled promises of economic gain for host cities and nations.

The numbers are staggering: China spent $40 billion to host the 2008 Summer Olympic Games in Beijing and Russia spent $50 billion for the 2014 Sochi Winter Games. This book traces the path of the Olympic Games and the World Cup from noble sporting events to exhibits of excess.

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Summary

Circus Maximus traces the path of the Olympic Games and the World Cup from noble sporting events to exhibits of excess that with unfulfilled promises of economic gain for host cities and nations.

The numbers are staggering: China spent $40 billion to host the 2008 Summer Olympic Games in Beijing and Russia spent $50 billion for the 2014 Sochi Winter Games. This book traces the path of the Olympic Games and the World Cup from noble sporting events to exhibits of excess.

Read more

Description

Circus Maximus traces the path of the Olympic Games and the World Cup from noble sporting events to exhibits of excess. It exposes the hollowness of the claims made by their private industry boosters and government supporters, all illustrated through a series of case studies ripping open the experiences of Barcelona, Sochi, Rio, and London.

Zimbalist finds no net economic gains for the countries that have played host to the Olympics or the World Cup. While the wealthy may profit, those in the middle and lower income brackets do not, and Zimbalist predicts more outbursts of political anger like that seen in Brazil surrounding the 2014 World Cup.

Listen to Andrew Zimbalist's ABC radio podcast

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Critic Reviews

“"You'll be hearing a lot in the coming years about”

Indispensable for anyone who wants to understand the impact of hosting the Olympics." - Evan Horowitz, The Boston Globe

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About the Author

Andrew Zimbalist is the Robert A. Woods Professor of Economics at Smith College. He is the author of three Brookings Institition Press titles: Sports, Jobs, and Taxes: The Economic Impact of Sports Teams and Stadiums (1997); May The Best Team Win: Baseball Economics and Public Policy (2003); and National Pastime: How Americans Play Baseball and the Rest of the World Plays Soccer (2005).

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Product Details

Publisher
Brookings Institution
Published
1st June 2015
Pages
174
ISBN
9780815726517

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