Impact Of Economic Impacts Of Events

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This essay will demonstrate economic and socio-cultural impacts of events and following this there will be some examples of certain events supporting the range of the impacts. All events have impacts. (Hall, 1997) „Impacts are immensely important because they relate to issues of sustainability and accountability.“ (Bowdin, 2010: 114) Those impacts may be positive and beneficial, which is usually the main point of doing an event. Some of them are being more evident than others. Positive impacts, such as strengthening community cohesion, engendering community identity and pride, revitalizing cultural traditions or enhancing place meanings to residents. “Impacts cannot be viewed in absolute terms of good and bad nor be regarded entirely in isolation from one another. Rather, the impacts on a host community are intertwined and depend on goals and values…within that community” (Boyko 2008: 162) But there are also negative impacts. Such as incur costs or they have negative consequences. These undesirable impacts reduce the benefits of the event. Negative impacts are those which collectively and negatively impact upon the lives of local communities, such as crowding, rowdy behaviour, traffic congestion, substance abuse, crime and loss of amenity, as well as feelings of community manipulation, commodization or exclusion. (Bowdin, 2010) This is the important task for event managers- to predict the impacts of events, to manage them in such a way so that „on balance the overall impact of the event is positive.“ (Bowdin, 2010: 80) The success of events is often ultimately assessed according to economic criteria such as income generation, employment generation or the attraction of inward investment. (Dwyer, 2000) However, in economic term... ... middle of paper ... ...lities for active recreation (cycling and walking paths) and passive leisure. The Olympic tourism was expected to have long-lasting benefits for Sydney as well as for Australia even before the Games have begun. It was estimated by the Tourism Council that as a result of the international exposure from the Games there would be an increase of 1.6 million additional tourists from 1997 to 2004. However, even though the park has had positive impacts, there exists media reports concerned about post-Games impacts reporting of post-Olympic problems. In 2001 and 2002 was Sydney Olympic Park frequently empty. For example, the Sydney Olympic Park has been re-created from 2006 to 2009 as an attempt to ensure that Sydney´s Olympic legacy was sustainable and positive. The main point of re-building the park was to have there the state election in March 2007, which was successful.

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