The 2022 Olympics is up for bids, and a funny thing’s happened: nobody’s interested in hosting them. For years, cities vied to host the Olympics because of the prestige and economic impact the Games bring. But they’ve caught on to the fact that the economic impact is largely negative; the costs far outweigh the benefits.
Countries, at least democracies, are no longer buying the economic benefit argument. As a result, we could be headed into an era where only non-democratic governments will want to host the Olympics.
In fact, only two cities are bidding to host the 2022 Games: Beijing, China and Almaty, Kazakhstan.