Will Brazil be left counting the cost of hosting the World Cup and Olympics?

Jonathan Watts – The Guardian, 06/11/2013

The growing influence of the Brics nations in world affairs was symbolised by the staging of the Beijing Olympics in 2008 and the World Cup in South Africa 2010, and will be further underlined by Brazil‘s forthcoming hosting of both events.

Leaving aside the public relations value of putting these host countries in the global spotlight, they have tried to use these mega-events to boost development by accelerating investments in infrastructure and lifting services, governance and local business to international standards.

However, the cost to the public purse and the communities affected can be enormous, prompting criticism that the money would be better spent at grassroots level, on improving health and education, rather than on awarding prestige projects to construction companies.

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