Games Offer Lasting Benefits for City but Only Brief Gains for Brazilian Companies published by Moody’s (5/2016).
“The August 2016 Olympic Games will bring the city of Rio de Janeiro hundreds of thousands of visitors, corporate marketing opportunities, lasting infrastructure improvements and temporary business benefits. New infrastructure projects promise the most lasting benefits to the city, while Brazil’s beleaguered overall economy will not get a significant boost from hosting the games. The Olympics are neutral for Brazil’s sovereign credit quality, however, offering a brief economic stimulus that will hardly budge Brazil’s still-contracting economy…”
