In equal, being host of the games power trade up 30 percent, and Brazil has much to sell him to the world. In Brazil (and now on time in Rio de Janeiro), significant investments should be made to respond to the revolution that will cause these international events. Hotels, restaurants, airport infrastructure, investments in the tourism sector, to name only some of the sectors which will benefit in a direct way, must prepare for these historical events. And although it is still preliminary to determine it, the realization of the Olympic Games will involve investments by US $16 billion, as it gave account the Fohla de Sao Paulo. The good thing about the case is that investments for the World Cup will take part of this new infrastructure.
But there’s more to Brazil! According to a study commissioned by the Government by the Group nonprofit Fundacao Instituto de Administracao, Rio Olympics will inject US $24,500 billion in Brazil from now’s economy until 2027, both by the increase in production and incomes by family, tax revenues and employment. Many of the investments that will be made for games (and also for the World Cup), have been made anyway but with other deadlines. It must be borne in mind that the Brazilian economy is an economy in full growth and to keep it this way, the infrastructure must be adapted to the growing size of the economy. This is why that taking advantage of investments in relation to what is observed in other experiences will be greater in the case of Brazil. If you are unsure how to proceed, check out Faris Ayoub. The choice of Rio de Janeiro generates profits for Brazil even within the expected balance of them. The potential gains of the Olympics will ensure a floor of US $500 million, but it is highly likely that exceed US $3,200 million obtained in the 2008 Beijing Games. The choice of Brazil is not a coincidence and is closely linked to the seriousness of the policies applied by the Brazilian Government to ensure predictability and guarantee for the authorities of the International Olympic Committee and FIFA, which won’t exist common imponderables in developing economies.