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Under normal conditions or 15,000 under Olympic conditions (Weirick<br />
1999: 79. Another 2,000 medium density units got constructed in Pyrmont/Ultimo<br />
to accommodate media personnel (Cox et al. 1994: 63). Additions to the<br />
Sydney tourist accommodation supply were estimated at 6,634 room, which<br />
is an increase of 9.5% (BTF 2001: 55-56). In general the "Olympic Corridor"<br />
defined as the area from the city and Pyrmont to Sydney Olympic Park in<br />
Homebush got gentrified and further developed. In other words, the structural<br />
changes supported the welfare of higher classes while lower ones benefited<br />
only indirectly, e.g. through job opportunities in construction or the tourism<br />
industry. Australia achieved celebrity status, national pride skyrocketed and<br />
the country entered the new Millennium with a renewed confidence (Morse,<br />
2001). To also assess these welfare effects, the increase in utility of Australians<br />
from elevated national pride through their Olympics would have to be investigated.<br />
The fact that Australia is located on the other side of the world and<br />
might be overlooked makes Australians particularly interested in demonstrating<br />
their efficiency and power. Part of the Australian psyche is about winning<br />
in sports. Australia earned more medals per million population than any<br />
other nation (Ruthven 2000: 17). To do so Australians had to overcome many<br />
obstacles.<br />
Competing out of season, being placed far away from other nations and therefore<br />
having heavy costs for international travel resulted in a lack of international competitions<br />
(Farrell 1999: 68). Since 1980, the government has given sports much<br />
more support. However, the winning of the bid in 1993 gave another impact,<br />
which increased the number of international competitions for Australians. On the<br />
one hand, almost every Olympic sport was tested internationally from September<br />
1999 to March 2000, which included seven World Cups (SOCOG 2000: 75). On<br />
the other hand, the facilities and knowledge will enable Sydney and Australia<br />
to stage big sport events in the future such as the 2001 Goodwill Games in Brisbane,<br />
2002 Gay Games in Sydney and 2006 Commonwealth Games in Melbourne.<br />
Furthermore, the Olympic Games provided US$ 113m for future Australian sports<br />
programs (IOC 5/2000: 10).<br />
The 2000 Olympic Games brought many challenges associated with<br />
the introduction of technologies such as optical fibre, compressed<br />
digital video, interactive media, digital television or HDTV to Australia,<br />
which created opportunities for industry development (PCA 1995: 24).<br />
The Games provided significant learning opportunities (e.g. technological<br />
knowledge or language skills) that led to increase technological<br />
progression, and hence economic growth. Students in Sydney were also<br />
trained as "Commentary Systems Operators" and technology specialists<br />
(Cahill 2000).<br />
Knowledge about the Olympic Idea and Olympic Movement increases<br />
every time Olympic Games are celebrated. Olympic education was evident<br />
in many Australian school programs, which were fostered by the AOC in<br />
104