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Essay

The Economic Impact Of The Olympic Games

Essay specific features

 

Issue:

Business

 

Written by:

James W

 

Date added:

July 10, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1125

 

Was viewed:

4845 times

 

Rating of current essay:

 
Essay content:

Over the last five years, growth in Australia's gross domestic product has averaged 4.35%, almost a full point above it's thirty year annual average of 3.5%, and the unemployment rate is near a ten year low. According to one estimate, the Olympics will tack on an additional six and a half billion dollars, about 1...
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A natural question to ask is if this growth is due primarily to the Olympic preparation, or if, instead, it is a result of some other change in policy, or perhaps just plain old luck. One way to address this question is to see if other host countries have experienced increases in GDP around Olympic years...
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