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[...] Before presenting these impacts, particularly in terms of resources and revenue generated, we present in the first instance the expenses necessary for the organization of these games. Slide 2. Sources of Financing and Revenues Related to the Olympic Games The use of expenses covered several axes, The temporary sites and infrastructure (arrangements and operation); The functioning of the committee in charge of organizing the games (human resources, administration, information systems and cybersecurity); Subcontracting. The most important investment in infrastructure is that related to the development of village olympique and paralympique, urban development zones and road infrastructure to fluidify traffic, without forgetting competition and training sites. [...]
[...] The economic impact of the Paris 2024 Olympic and Paralympic Games manifests itself through several dimensions. We have presented the sources of funding for the event, we were able to distinguish the investments and the jobs generated by the construction of the infrastructure (stadiums, Athletes' Village, Media Cluster), as well as the tourist spin-offs. Through the creation of jobs and the influx of visitors, the benefits have been significant for hoteliers, restaurants, and merchants, who have seen their sales increase. [...]
[...] The social and sporting spin-offs One of the main challenges of the 2024 Olympic Games was to incorporate social inclusion practices, so that this event could benefit everyone. In fact, France wanted to use the Games as a lever for social development and community integration. As we have seen through the creation of jobs, but not only. To make sports more accessible, inclusive, and social, the country has set up a financial aid, the Pass Sport, which is intended for eligible young people and allows them to cover their registration fees in a sports association, a club, or a sports hall. [...]
[...] Other sectors have also benefited from this dynamic as shown in the table below: Sector of activity Number of jobs (FTE) Overall sectors 13 577 Construction 9 074 Engineering and technical studies 1 034 Architecture 608 Fabrication of metal structures 388 Landscape planning 285 Other sectors 2 188 Figure Distribution of jobs generated by Paris 2024 JOP construction sites, in full-time equivalents (FTE) Sources: SOLIDEO, INSEE, EY analyses These spillovers have been felt throughout France, contributing to highlighting the entire construction and public works sector, and more broadly the entire French know-how. Finally, thanks to the devices put in place by SOLIDEO, nearly 4,000 people in insertion were able to access employment, highlighting the sustainable social impact of the Games in terms of inclusion and valorization of national know-how. B. The revenues generated by visitors and spectators In terms of the tourism sector, the total economic impact of the Paris 2024 JOP is estimated at ?1.55 billion. [...]
[...] Thus, we analyze the economic impacts of this major event and for this, we present in a first part the direct impacts of the Games on the French economy, in order to then focus on the indirect economic impacts or long-term impacts, including the complementary dimensions of the Olympic Games in terms of social and sporting repercussions. Our research shows that the Olympic Games, in addition to strengthening the local economy, have contributed to the international promotion of France, allowing it to increase its brand image among economic partners. I. The expenses and revenues related to the Olympic Games A. [...]
