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The Impact of the Olympics: Jeffrey Owens
This video is also available on the USCI YouTube Channel.
Click on the play button above to view Jeff Owens’s presentation on the economic impact of the Olympics.
The 2008 Summer Olympic Games in Beijing continued the pattern of escalating investment in sports venues and other infrastructure by host cities. It is commonly believed that mega-events such as the Olympics leave a large and positive economic legacy for host cities, but ex-post studies have found little or no evidence of such impacts. Although the Olympic Games are a catalyst for investment, this investment is largely ill-suited to contribute to long-term economic growth. There are early indications that this will be just as true for the Beijing Games as it has for other recent Olympics.
Ying Zhu looks at new developments for Chinese and global streaming services.
David Zweig examines China's talent recruitment efforts, particularly towards those scientists and engineers who left China for further study. U.S. universities, labs and companies have long brought in talent from China. Are such people still welcome?