HomeNewsOpinionIs it time to consign the Olympic Games to history

Is it time to consign the Olympic Games to history

The lack of transparency in the ballooning budgets for the Olympic Games, as well as the misallocation of this money to an extravaganza that ruins cities for local communities, is, unfortunately, a part of the legacy of what was once supposed to be an event to celebrate excellence and bring people together

March 28, 2021 / 09:16 IST
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Olympics has had a truly chequered history
Olympics has had a truly chequered history

Shamed by doping scandals, suspended due to wars, and finally postponed by a freak virus, the Olympics has had a truly chequered history. Indeed, for an event that is referred to as the Summer Games, the Olympics has been anything but sunny. With the organisers of this year’s games in Tokyo announcing that no international spectators will be allowed into the stadiums, the tradition of the quadrennial event facing some hitch or the other is being unfortunately maintained.

Already delayed by a year following the COVID-19 pandemic, the worldwide vaccination drive had raised some hope that the Japanese government would permit fans from abroad after the necessary checks. It wasn’t to be, as rising cases across the world, particularly in Europe, put paid to those hopes.

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Now, only spectators from Japan, and that too in limited numbers, will be allowed into the stadiums. With the 600,000 tickets that had already been sold to buyers from abroad having to be refunded, the event is sure to run into massive losses. Earlier, Katsuhiro Miyamoto, a professor of theoretical economics at Kansai University, had estimated that holding the games (including the Paralympics which were to follow the Olympics) without spectators would result in a $23.1 billion economic loss for Japan in related expenses, as well as knock-on effects on household consumption.

The final number will hopefully be much lower with Japanese spectators expected to take up some of the slack from the missing international spectators; but even they can’t compensate for the loss to hotels, restaurants, transportation, and other tourist-related services.

COVID-19 Vaccine
Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.
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