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논문 기본 정보

자료유형
학술저널
저자정보
Timothy Koba (University of South Carolina) Hua Gong (University of South Carolina) Walker J. Ross (University of South Carolina) John Grady (University of South Carolina)
저널정보
글로벌지식마케팅경영학회 Journal of Global Sport Management Journal of Global Sport Management Vol.6 No.1
발행연도
2021.1
수록면
49 - 69 (21page)

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초록· 키워드

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No other sporting event possesses the grandeur of the Olympics, and few other development projects demonstrate the lack of cost containment as the Olympics which leaves local residents paying the debt and maintenance of a venue they may never use. Legacy planning is an important consideration for the hosting of the Olympics, but one that does not always receive adequate consideration resulting in the “white elephant phenomenon.” This study therefore looked to analyze the cost of hosting the Olympics compared to the economic activity in the host community in order to better inform public policy on the issues of sustainability and legacy, in particular. We are proposing a metric that helps to measure the costs that Olympic hosting has on the host community and provide a benchmark for containing those costs in terms of budgeting, construction and legacy planning for the Games. Consequently, the IOC can institute policy changes for project management that assist host cities in establishing a budget cap for venue development while simultaneously seeking to reduce the crippling debt that has accompanied them in the past.

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