DeletedUser16008
The Olympic Games are an outdated concept, athletes meet routinely in international events and the concept of national competition is outdated. Before globalization, hosting Olympic Games was a good way of ensuring international caliber athletic competition across a wide range of sports. But today, international competitions occur routinely. The concept of national identity is less clear so that we have nations represented by teams whose members often have tenuous connection with that country.
The cost to hosting the Olympic games is not worth it to the home country, the long term disadvantages have been proven. A number of studies of previous Olympics host cities/countries shows that the cost of hosting the Olympic games isn't returned in the long run. So for a country to incur significant expenses to host such an event seem a waste of money. As television revenues decline with the collapse of broadcast advertising, the economic model behind Olympics will collapse even further.
The cost to hosting the Olympic games is not worth it to the home country, the long term disadvantages have been proven. A number of studies of previous Olympics host cities/countries shows that the cost of hosting the Olympic games isn't returned in the long run. So for a country to incur significant expenses to host such an event seem a waste of money. As television revenues decline with the collapse of broadcast advertising, the economic model behind Olympics will collapse even further.