Description: The purpose of this paper is to analyze and identify the major factors that determine the success or failure of mega-sports events. The report begins with a discussion of why localities are willing to invest large sums of public monies in infrastructure and services to host these events. This is followed by a review of the methods used to assess the economic, fiscal, and social impacts of hosting large sporting events. It is observed that comprehensive analyses of the impacts of these events are not undertaken. Finally, the major factors that affect the success of these events are discussed along with suggestions for improving studies evaluating success or failure.
Date: August 2004
Creator: Shargorodsky, Paulo