But are all the installations constructed for those Olympics still maintained and operational? The real tragedy is when they're only used for this one spectacle, and then left to rot. E.g. the stadia in Greece and Sotchi.
yes
If a big urban cluster in a big developed country is organising it, building infrastructure and facilities, much of that, unless designed stupidly, can be used again, can be well integrated in a "normal" expansion.
But in too small countries, too small urban centers, it is I think almost impossible to avoid waste.
In mickey mouse countries with too much money, seeking status and recognition, it is just burning money from the start.
However... somehow it feels wrong to me, in conflict with the unifying olympic spirit to exclude countries head on from economy scale.
Perhaps the solution is to give up this national location.... which would fit very well the unifying olympic spirit.
No longer a UK in London, or a Mexico city in Mexico, but several countries together, and the opening ceremony as the cherry on the cake.
Why SK and not SK and Japan, or SK and Vietnam ?
And yes, it will be more of a hassle for the VIP's and the VIP press.... but with current E-communication, that should not be an issue anymore, except some hurted pride.