Japanese research institute: If the Tokyo Olympics is suspended, the loss will reach 1.8 trillion yen
China News Service Client, May 26. According to Kyodo News, Japan’s domestic research institutes estimate that if the Tokyo Olympics and Paralympics cease to be held, the estimated economic loss will reach 1.8 trillion yen (approximately 106.1 billion yuan).
It is understood that this The figures are based on a comprehensive estimate based on the budget announced by the Tokyo Olympic Organizing Committee in December last year, the presence and size of domestic audiences in Japan, ticket sales and related consumer expenditures.
In addition, if the admission of domestic audiences in Japan is not restricted, the economic effect is estimated to be 1.8108 trillion yen. If it is stopped, the same amount of loss will be incurred. If it is held in a non-audience manner, the economic effect is expected to be reduced by 146.8 billion yen to 1.664 trillion yen.
On the other hand, the experts who announced the estimation results pointed out that if the new crown epidemic caused by the Olympic Games was to expand again and an emergency declaration was issued, the economic loss would be greater than this estimate. He believes that when judging whether to host the Olympics and restricting audiences, the decision should be made cautiously based on the impact on the risk of infection, rather than from the perspective of economic losses.
The Tokyo Olympic Games, which was postponed by the epidemic last year, will open on July 23, 2021. (End)