Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

Update Oxford study: Tokyo Olympics are the most costly Summer Games
#1

The Tokyo Olympics are already the most expensive Summer Games on record with costs set to go higher, a wide-ranging study from Britain's University of Oxford indicates.

The Tokyo cost overrun already exceeds 200%, lead author Bent Flyvbjerg explained in an interview with The Associated Press. This is even before several billion more dollars are added on from the one-year delay from the COVID-19 pandemic.

Flyvbjerg is an economist at Oxford's Said Business School. His entire study is available here, and it's set to be published on Sept. 15 in the journal “Environment and Planning A: Economy and Space." It's titled “Regression to the Tail: Why the Olympics Blow Up.”

Read more
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)