The lead up to the 2016 Olympics in Rio de Janeiro,Brazil has been tumultuous for the city. Rio invested billions of dollars to host the Summer Games, yet reports state that the infrastructure will not be ready in time; athletes and attendees are opting out for dismay of the Zika virus; and the athletes’ village may be uninhabitable. Sports economist Andrew Zimbalist, or author of “Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup,” answered some questions approximately Rio’s investment in hosting the Olympics and whether, in the end, or the benefits will outweigh the costs,risks, and controversies.
Source: brookings.edu