The Cost Of Hosting The Olympics

The video discusses the financial challenges of hosting the Olympic Games, highlighting the rising costs associated with bidding, building venues, and infrastructure. It explains the concept of 'eternal beginner syndrome' where new host cities face budget overruns due to inexperience. The video also explores the economic impacts on host cities and the difficulty in finding willing hosts. It concludes with suggestions for sustainable hosting, such as using existing facilities and reducing bidding costs, as outlined in the IOC's Olympic Agenda 2020.

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