What comes to mind when you hear about the Olympics? Likely, images of the 5 colored interloping rings, the podiums, or the world records created are thought of. Hosting this major sporting event that occurs every 2 years tends to be a source of pride for the host city and country as a whole. However, the unanticipated economic impacts it brings to local communities should spur governments to think critically about whether hosting can truly be a good investment for their city.
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