significant economic and social benefits for communities and regions. In seeking to understand the field of special events‚ I took as a case study the Olympic Games mega-event. KEYWORDS: special events‚ Olympic games‚ mega-events‚ economic impact‚ investments INTRODUCTION The fundamental aim of this research is to measure the economic impact of the Olympics globally‚ regional and local. During the 1990s‚ there has been a growing number of people advocating a move away from mass tourism to forms
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Positive and Negative Impacts Genetically Modified Food Has on the World The term ‘genetically modified food’‚ also known as ‘genetically modified organisms’‚ is most commonly used to refer to crop plants created for human or animal consumption using the latest molecular biology techniques. The reason these plants are being modified today is to enhance desired traits such as increased resistance to herbicides (pesticides used to kill unwanted plants) or improved nutritional content. In order
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The Positive and Negative Impacts of Sports Development in Malaysia and How It Boosts the Country’s Tourism Industry. Events Tourism is essentially an event that is staged by the destination to appeal and benefit from visitors‚ domestic and international. The event is the visitor’s primary purpose or motive for visiting‚ with the destination receiving either positive or negative impacts as a consequence of hosting it (McCartney‚ 2011). There are no doubt many events in Malaysia that enhance the
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Introduction Unemployment is a huge challenge facing South Africa. There are many people who are looking for jobs but cannot find them mostly because of the slow economic growth rate in the country. South Africa faces structural unemployment where people loose their jobs due to introduction of new technology or relocation of the company‚ these economic disruptions have resulted in high crime rates‚ low production and income as well as lost human capital. The NDP has been put in place to solve the problem
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Essay on Climate Change By: Dr. Ricky Rood‚ 3:06 PM GMT on July 26‚ 2008 +2 This blog is a little different. It is more on the spirit of an essay or analysis‚ maybe‚ op-ed. It is strongly influenced by writing this blog and reading the comments. ---- The predictions of climate change provide us knowledge of the future. These predictions are not like those from a crystal ball; they are not magic. Neither are the predictions speculation nor are they opinion. The predictions are based on scientific
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The Economic Impact of the Olympic Games With the Olympic games being held in Sydney this year‚ I wondered if perhaps the performance of the economy was being affected in part by the fiscal stimulus provided by Olympic construction in Sydney and other parts of the country. Australia’s economy has been performing well recently‚ suggesting that there might be some effect. Over the last five years‚ growth in Australia’s gross domestic product has averaged 4.35%‚ almost a full point above it’s thirty
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ECONOMIC IMPACTS OF NATURAL DISASTERS ABSTRACT: Disasters of both natural and technological origin have a considerable impact on communities. The effects of disasters in India are significantly reduced by well established counter disaster arrangements at all three levels of government. These arrangements comprise comprehensive plans of prevention‚ preparedness‚ response and recovery and in more recent times‚ of mitigation. The economic effects of disasters can be devastating and widespread. When
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IMPACT OF NATURAL DISASTERS ON GDP (RELATE TO THE GDP METHOD USED) Due to rising population‚ climate changes and environmental degradation‚ natural disasters is increasing in frequency. There are several factors which affect a country’s vulnerability to natural disasters; its geographic size‚ the type of disasters‚ the strength and structure of its economy and prevailing socioeconomic situation. Japan uses the expenditure method to measure national income. The expenditure include personal consumption
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ECONOMIC IMPACT OF LEGALIZING MARIJUANA GWENDOLYN CARTER PRINCIPLES OF MACROECONOMICS 4/21/2015 The history of marijuana and how it became illegal is interesting. In 1970 the United States Congress passed legislation called the Controlled Substance Act‚ which listed marijuana as a Schedule I drug. This is the same category that LSD‚ cocaine‚ heroin and ecstasty and are described according to DEA drug schedules‚ as having no currently accepted medical use and a high potential for abuse
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Economic and Social Impact of the Financial and Economic Crisis on Egypt A Study Prepared for the ILO By Samir Radwan April 2009 Table of Contents Executive Summary......................................................................................................................................................................... 3 I. II. Introduction ......................................................................................................................................
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