Organizing mega programs or worldwide sports such as Olympics games, world cup shows are considered thrilling moments as it not only provide opportunities for viewers to visit new nation but also soared the economy of event holding country. However, it has also some downsides which will be evaluated in upcoming paragraphs.
Since international games are associated with all the players around the globe, their fans assess easily to different provisions to cheer up their role models, which skyrocketes the number of tourists and assist the nation to collect revenues whether in the form of tickets, accommodation in hotels or other charges. Inspite of this, visitors are able to glance the history building of event holding nation which results in dramatic inclination of travelling industry. An illustration states that after Olympics games in Egypt there was 70% rise in number of foreign commuters which considerably increase in annual income accounting 85%more than past decades, thus such programs are really beneficial for hosting nation to boost their economical resources.
On the flip side, it cannot be refuted that organization of such big events are related with high expenditure either of renovating the existing sites or constructing new stadium, which remains vacant for years once a program finishes, therefore it contributes to wastage of savings. Moreover, this amount would be utilized for uplifting the citizens living standards by allocating them better education, sustenance, employment and housing facilities. In Brazil, for instance, more than 60% population is suffering from hunger and poverty while when such developing country spend large expenses on these events it would produce adverse impact on its people and they would be unable to fulfill their necessities.
In conclusion, although hosting Olympic sports or international programs promotes the culture of nation which significantly surged the income by tourism, the economic crisis faced by developing countries after these events cannot be neglected. Hence, prior holding such events, nations must analysis their resources and basic priorities to uplift the living standards of citizens.
Organizing mega
programs
or worldwide sports such as Olympics games, world cup
shows
are considered
thrilling moments as it not
only
provide opportunities for viewers to visit new
nation
but
also
soared the economy of
event
holding country.
However
, it has
also
some
downsides which will
be evaluated
in upcoming paragraphs.
Since international games
are associated
with all the players around the globe, their fans assess
easily
to
different
provisions to cheer up their role models, which
skyrocketes
the number of tourists and assist the
nation
to collect revenues whether in the form of tickets, accommodation in hotels or other charges.
Inspite
of this, visitors are able to glance the history building of
event
holding
nation
which results in dramatic inclination of travelling industry. An illustration states that after Olympics games in Egypt there was 70% rise in number of foreign commuters which
considerably
increase in annual income accounting 85%more than past decades,
thus
such
programs
are
really
beneficial for hosting
nation
to boost their
economical
resources.
On the flip side, it cannot
be refuted
that organization of such
big
events
are related
with high expenditure either of renovating the existing sites or constructing new stadium, which remains vacant for years once a
program
finishes,
therefore
it contributes to wastage of savings.
Moreover
, this amount would
be utilized
for uplifting the citizens living standards by allocating them better education, sustenance, employment and housing facilities. In Brazil,
for instance
, more than 60% population is suffering from hunger and poverty while when such
developing country
spend large expenses on these
events
it would produce adverse impact on its
people and
they would be unable to fulfill their necessities.
In conclusion
, although hosting Olympic sports or international
programs
promotes the culture of
nation
which
significantly
surged the income by tourism, the economic crisis faced by
developing countries
after these
events
cannot
be neglected
.
Hence
, prior holding such
events
,
nations
must analysis
their resources and basic priorities to uplift the living standards of citizens.