Circus Maximus by Andrew Zimbalist

The Economic Gamble Behind Hosting the Olympics and the World Cup

This book examines the economics and politics of hosting mega-sporting events, arguing that cities and countries repeatedly take on costly, risky projects that often produce long-term debt, unused or white-elephant facilities, and benefits that accrue mostly to private contractors rather than local residents; through historical case studies and data it shows how promises of urban renewal, tourism and civic pride are frequently overstated and offers practical reforms to reduce costs, improve accountability, and reshape how such events are planned and financed.

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