Will Brazil be left counting the cost of the World cup and the Olympics by: Johnathan Watts, Theguardian June 11 2013
The coming of the Olympics and the world cup are two very large expenditures for Brazil's government as they try to prepare for these large international events, but can they help the economy? By bringing the world spotlight to rest on Brazil, the country expects their economy to be able to take advantage of this, they hope that it will help by accelerating investments in infrastructure and lifting their governance and local businesses to an international level. However their plans may be short lived since they are building these large stadiums for a single use and the cost of the setup is predicted to be between 13.5 billion and 18 billion dollars and their only source of compensation will be from tourism which is expected to only recoup a fraction of the cost. I think that they shouldn't spend so much money on these events because it wont bring that much attention to the country and it will have a negative effect on the people who will have to be relocated and have their lives disrupted.
http://www.theguardian.com/global-development/2013/jun/11/brazil-counting-cost-world-cup-olympics
I can see what your saying and i agree. The stadiums and everything will cost more then the amount of money coming in to Brazil.
ReplyDeleteThe citizens of Brazil definitely need all that money spent on programs that will actually help them, like better health care. The money for the stadiums could be used for a lot better things.
ReplyDeleteI agree that it won't really help Brazil. When I watch the olympics I care more about the athletes than what country it is in.
ReplyDeleteI agree with you. Brazil should not spend such an enormous amount of money on stadiums that will only be used once. Tourism will not compensate for the cost. They should think about the residents of Brazil.
ReplyDeleteI agree that it will not help Brazil. They need to put the residents into consideration.
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