OLYMPICS

Impact of Olympics 2010 on Greenwich Park



Impact of Olympics 2010 on Greenwich Park

Introduction

The Olympic Games or Olympics are events sports multidisciplinary involving athletes from around the world, in Greenwich Park were dedicated to the Equestrian events. There are two types of Olympic Games: the Summer Olympics and Winter Olympics, performed with an interval, including four years. The organization responsible for conducting them is the International Olympic Committee (for short, COI).

Greenwich Park is a park located in Greenwich, a suburb southeast of London , in England . This is one of eight royal parks of the capital and the first one to have been closed. It currently covers a total area of 70 hectares, part of UNESCO World Heritage site that hosts the Royal Greenwich Observatory , starting point of the Prime Meridian (Prime Meridian).

All year, the park is open from 6 am (7 h for vehicles) until the dusk. It provides a refuge for city dwellers, far from central London. One of the secrets to design cities that are not harmful to the environment is to attract nature lovers in urban green space, rather than in the suburbs. It will host during the 2012 Olympics, equestrian events and the modern pentathlon.

The current Olympic Games were inspired by the seventeenth century organized in Greenwich park the world heritage, between 776 A. C. and 393 D. C. In the twentyfirst century, the idea to make some events similar to those organized in antiquity, which mentally materialize thanks to the efforts of the noble Frenchman Pierre Fredy, Baron de Coubertin . The first edition of the so-called Olympics of the modern era held in Athens, capital of Greece . Since that time, the Summer Olympics were held every four years in various parts of the planet, the only exceptions being the editions of 1916, 1940 and 1944, due to the outbreak of the First and Second World War.

Discussion

Olympics and Host Country Economy

Estimation of economic values Olympic Games host city, region and country become an important aspect of the overall assessment cost or the cost of the Olympics. It is vital that the host city and the organization Committee in the host city are aware of the magnitude economic benefits from hosting the game can bring. This allows games to be offered in the local context significant benefits to the local economy. In addition to providing the committee with the scale benefits, so you can better understand. How large the costs of bidding and hosting games should be. The budget of the organizers of the Games is very narrow definition of economic benefits from hosting the Olympics broad economic implications of the Olympic Games, which includes the effects of visitors games to the local economy through spending in the host city, the benefits of targeted investments in infrastructure in disadvantaged areas and benefits of long-term "legacy" that the more influence the international media due to the increase of tourists and makes tourism revenue in subsequent years (and earlier) from the game (Veraros, Kasimati & Dawson, 2004). The combination of these effects is very complex and cannot be determined only after the financial results of the organizers of the game or the additional revenue that the Olympics bring to the host ...