http://www.csmonitor.com/Money/Green-Economics/2010/0225/Will-the-2010-Winter-Olympics-payoff-for-Vancouver-s-long-run-growth

Views on whether Olympic games help or hurt economies.

Matt Yglesias and Ryan Avent argue the effects. Yglesias argues that countries rarely manage to reap the financial struggle. Contrary, Ryan Avent claims it helps countries overcome "significant constraints in trying to get necessary policy changes put in place". There is a thirrd view by Andrew K. Rose and Mark M. Spiegel that hosting a mega-event might not have immediate tangible benefits but it might have a large effect on national exports. The effect is statistically robust, permanent, and large; trade is around 30% higher for countries that have hosted the Olympics.

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Olympics is a Debt Causer

http://thetyee.ca/Opinion/2010/02/17/OlympicEconomy/

Olympics is seen as a honor to host, but a economic plunder to that nation. For the 2010 winter Olympics, Vancouver has already went 250 million over budget.

Major Impact

Five Olympic Myths

This video show what the myths to the olympics are such as a bad economy.

Olympics help economies

According to this article, the Olympic games have a great effect on the economy and trade. When the Olympics are held exports increase by 30% and although it costs tons on of money to hold these games, in the long run it all evens out.

http://www.theatlantic.com/politics/archive/2009/04/does-the-olympics-help-an-economy/13051/

"Olympics won’t bring gold to Vancouver’s economy"

Vancouver's economy was struck hard with the 2010 Winter Olympics. The economic struggle caused a lessened interest in the games and arguments among social welfare groups, as well as Olympic committees. Sports Management Professor Emily Sparvero of Temple University tells the story with her personal insight.

http://www.temple.edu/newsroom/2009_2010/02/stories/Olympics.htm

Economy Clashes with 2010 Olympic Hopefuls

http://www.usatoday.com/sports/olympics/2009-02-12-usa-2010-budgets_N.htm