Create a 18 page essay paper that discusses Business and Economics of the Olympics Can Ireland Benefit from the London 2012 Olympics.
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Research has shown that those bidding countries that do extensive pre-planning, including those that secure financial backing from private enterprise and corporate businesses so as to not directly enter into agreements to obtain funding from city coffers, have successful Games as there is no direct involvement of the public’s money. By also utilizing many of the buildings, like in the Calgary Winter Olympics, for training centers to accommodate future Olympic athletes and open them up for public use, these facilities will also continually fund their operation. As in the example of the Olympic arena in Montreal, the facility became a constant maintenance problem due to an extremely leaky roof and thus has rendered it unusable.