Olympic Agenda 2020 Reforms Lack Substance -- ATR Podcast

(ATR) U.S. economist Andrew Zimbalist says the IOC needs to put Olympic Agenda 2020 reforms into action.

NANJING, CHINA - AUGUST 28: International Olympic Committee (IOC) President Thomas Bach waves the Olympic flag during the Closing Ceremony of Nanjing 2014 Summer Youth Olympic Games at the Nanjing Olympic Sports Centre on August 28, 2014 in Nanjing, China.  (Photo by Lintao Zhang/Getty Images)
NANJING, CHINA - AUGUST 28: International Olympic Committee (IOC) President Thomas Bach waves the Olympic flag during the Closing Ceremony of Nanjing 2014 Summer Youth Olympic Games at the Nanjing Olympic Sports Centre on August 28, 2014 in Nanjing, China. (Photo by Lintao Zhang/Getty Images)

(ATR)Andrew Zimbalist, an economist based in the United States, says reforms proposed in Olympic Agenda 2020 lack substance.

"Words are one thing and actions are another," Zimbalist tells Around the Rings.

However, Zimbalist adds that the efforts of IOC president Thomas Bach, evident in Agenda 2020, seem to have renewed the popularity of bidding for the Olympic Games.

Zimbalist is the Robert A. Woods professor of economics at Smith College in Massachusetts.He is also the author of multiple books, the most recent of which is titled Circus Maximus.

The book, which goes on sale Feb. 5, 2015, explores ways in which the Olympics and the World Cup have developed into "exhibits of excess."

Drawing from the book, Zimbalist discusses Boston's bid for the 2024 Olympics and whether he thinks Brazil will benefit from hosting the FIFA World Cup and Summer Olympics so close to one another.

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