http://money.cnn.com/2014/10/07/news/olympics-norway-cost/index.html
Norway has pulled out of the race to host the 2022 Winter Games, leaving only Being, China and Almaty, Kazakhstan in the running.
Norway is a wealthy nation and passionate about winter sports. The logical explanations on why the country declined hosted are...
1) "There's too much wining and dining... It doesn't fit with Norwegian culture," said a government source from Norway. The fanciness of the Olympics was too much for them. They rather keep it simple and just hold good events.
2) The Norwegian citizens were not convinced that the money spent would have been too much and decided it was not worth holding the 2022 Winter Games. Norway is one of the developed nations that is struggling with ballooning debt and voter opposition, that opens the door for more developing nations, who are more likely to gain from showing themselves to the world.
Despite of the trend of developed nations dropping Olympic bids since 2000, rich countries will still participate holding the games. Salt Lake City (United States) might bid for the 2026 Winter Games.
The more reasonable reason for Norway not holding the games is '2)'. National debt is limiting developed nations' ability to hold big global events and share their culture and gain revenue.
I think that many countries would reconsider taking on the Olympics, it is a massive cost to the host country and income may lack after the games end. After seeing how fast Sochi became vacant I think many countries would hesitate.
ReplyDeleteIf I was the leader of a country I would never want to host the Olympics the Benefits of hosting the Olympics are not worth the cost. Why Spend Billions of dollars on the Hosting the Olympics when you can spend that money on your country's education system, public services etc.
ReplyDeleteSimply being part of the olympics is a burden on a nation, but hosting them is a completely different story. There are not only costs that sail through any imaginable amount, but there are also politics involved with the olympics that no country wants to deal with.
ReplyDeleteI don't understand how developing nations are able to host the Olympics and make money. I can see how it would definitely be beneficial to them by showing themselves to the rest of the world. But I feel like the costs for hosting the games would be a lot more for a developing nation, and then the revenue earned just wouldn't be as much as the costs.
ReplyDeleteShould be interesting to see which country will host the games. After what Russian games, they would be hard to show those games.
ReplyDeleteThis is kind like my article. I believe that is is really good for countries that need help to host the Olympics because then more people will go there and spend there money. It does help them out a lot. But after they are over most people say those places that were built for the Olympics will go out of business.
ReplyDeleteIn my opinion i think that the Nations hosting the Olympics or even the World Cup could be rich countries or the poorest countries. If you look where the Olympics are held in countes they are held in some of the poorest and worst part of the countries. They do this so they can give these areas facelifts and raise the living and jobs in that area.
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