![\"Introduction](\"http:\/\/www.uww.edu\/images\/library\/blog\/circus_maximus.jpg\")
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Circus Maximus: <\/strong> With Rio gearing up to host the 2016 Olympic Games to the accompanying hue and cry rather than cheers of many of the city residents, this timely title provides an economist\u2019s interpretation of the potential impact of hosting the games.<\/p>\n Author Andrew Zimbalist studies the effect of the Olympics and other sports mega-events on such urban economies. In this work, he argues that while shorter term impacts on tourism industry and construction are heavy considerations, these rarely offset the long-term effects on economy and culture for the majority of residents. He outlines the factors that detract from sound decision-making on the side of the bidding cites as well as on the side of the commissions that award the events.<\/p>\n The title holds more than a bit of irony; Rome\u2019s Circus Maximus served many noble – and ignoble – purposes for over six\u00a0centuries. Zimbalist shows little evidence which offers hope that the venues constructed for games in places such as Barcelona, London, Rio-Brazil and Sochi will provide such enduring value to the public.<\/p>\n","protected":false},"excerpt":{"rendered":" Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup by Andrew Zimbalist GV721 .Z56 2015 New Arrivals Island, 2nd floor With Rio gearing up to host the 2016 Olympic Games to the accompanying hue and cry … Continue reading
\nThe Economic Gamble Behind Hosting the Olympics and the World Cup
\nby Andrew Zimbalist
\nGV721 .Z56 2015<\/a>
\nNew Arrivals Island<\/strong>, 2nd floor<\/p>\n