There is little data on the economic impact on Olympic cities, but Mr Baade studied what the 1994 soccer World Cup did to its nine American host cities.

ECONOMIST: Britain's Olympic bid

But they warned that the positive impact of the Olympic Games might not be replicated in Scotland.

BBC: Scottish business leaders cautiously welcome UK growth

The biggest impact of the Olympic renovation will be to accelerate Rio's growth toward the southern beaches of Barra da Tijuca, which still has unbuilt space, and where the Games will be centered.

WSJ: Rio Hopes for an Olympic-Style Revival

Watching her spotting rhino and zebra with her younger sisters, it was clear this particular Olympic dream has had a real impact on family life.

BBC: Sacrifices of teenage Olympic hopeful Ajulu-Bushell

The ONS also said that retailers had reported no impact from the opening two days of the Olympic Games.

BBC: Retail sales rise points to stronger UK economy

The Impact played their first two home games in Olympic Stadium and will move outdoors to Saputo Stadium for an April 16 match with Columbus.

WSJ: Impact beat Red Bulls 1-0 to improve to 4-0

Malcolm, fifth in the Olympic 200m final in 2000 and 2008 failed to make an impact at global level this year.

BBC: Davies urges Malcolm to battle on

The full impact of funding cuts in Europe on actual performance in Olympic competition remains unclear.

WSJ: Menu