Economic benefits of Tokyo Games estimated at over $55 billion

Economy Sports Tokyo 2020

The economic benefits of the Tokyo Olympics and Paralympics will be about 6.14 trillion yen ($55.75 billion) but Japanese organizers will incur a loss of more than 2 trillion yen, a scholar's estimates showed Thursday. Of the benefits, about 3.27 trillion yen from spending on the construction of facilities, including the National Stadium and the athletes' village, have already spilled over into society, according to Katsuhiro Miyamoto, a professor emeritus of theoretical economics at Kansai University, who released the projections. The remainder will come from consumption during the Tokyo Game...

Kyodo News

Kyodo News Tokyo 2020