Olympic Villages: Catalyst for urban renewal, or post-Games hangover?
Tuesday, November 22, 2011 - 13:31
in Psychology & Sociology
The Olympic Games are big business and generate substantial amounts of revenue for the International Olympic Committee (IOC) through lucrative television contracts and corporate sponsorship. The Games are now also widely perceived as important promotional opportunities for cities seeking to reinforce their claims as 'world class' destinations for tourists and capital in the global economy.