Benefits toward the host nation

Hello guys, do you think that hosting the Olympics actually pay off for the host nation? Okay we take the example from London 2012 Olympic Game. As we can see, by Hosting the Olympic Game it can help to:

1.  Generate jobs opportunities
2.  Increase the tourism industry
3.  Boost construction project

In the lead-up to London 2012, Games-related projects helped generate thousands of jobs opportunities in Great Britain during the worst global recession in more than 60 years, and economists are predicting that the economic benefits of hosting the Games will continue. The Games also had a positive impact on unemployment levels, with independent experts reporting that Games preparations were a major factor behind a 1.2 per cent reduction in London's unemployment rate in early 2012. Estimates now suggest that the 2012 Games are expected to create 17,900 additional jobs per year between 2012 and 2015, with 70,000 workless Londoners already helped into Games-related employment, creating a labour market legacy. Secondly it also help to promote the host nation towards the world, As by hosting the 2012 Olympic game large number of tourists who flocked to London for the 2012 Olympic Games also helped lift the British economy, with figures released by the Office of National Statistics showing that the 590,000 people who visited the city for the Games, or attended a ticketed event, spent an average of GBP 1,290 during their visit, compared with GBP 650 by other visitors. Lasty one of the main areas of the economy that benefited from the Games was the construction industry, with a report commissioned by the UK government revealing that construction projects for London 2012 had given the UK economy a £7.3 billion boost. It help the construction industries by projects offer to prepare for the game

London 2012 Olympic Stadium