The Economics of the Olympics

The Summer Olympics is big business and could offer the host nation a short-term economic boost.
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The Economics of the Olympics
Fireworks go off over the Olympic Stadium during the opening ceremony of the London 2012 Olympic Games on July 27. Adam Pretty/Getty Images
Valentin Schmid
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<a><img class="size-large wp-image-1784089" title="2012 Olympic Games - Opening Ceremony" src="https://www.theepochtimes.com/assets/uploads/2015/09/149377827.jpg" alt="" width="590" height="393"/></a>

Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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