Setting the Bar: Preparing for London's Olympic legacy
Article
A year after winning the bid, London is gearing up to deliver the London 2012 Olympic Games. The Games plan promises to regenerate the East London site and its surroundings. This paper assesses the likely economic impact of the Games on East London, Greater London and the UK.
We need to be realistic about what the Games can deliver. Not all local residents will be able to access the employment opportunities created by the Games. And areas outside of London will not all gain as much as they anticipate. To avoid disappointment later, we should all adjust our expectations now.
A substantial, lasting London 2012 legacy is within reach. But London needs to make sure that the potential gains are realised. The benefits will not just happen automatically. Success depends on whether we have put in place the appropriate mechanisms and partnerships to deliver a legacy of wider economic benefits.
Centre for Cities has re-launched as an independent think tank. You can visit them online at http://www.centreforcities.org.
Related items
Who gets a good deal? Revealing public attitudes to transport in Great Britain
Transport isn’t working. That’s the message from the British public. This is especially true if you’re on a low income, disabled or living in the countryside. The cost of living crisis has exposed the shortcomings of our transport system,…Bhargav Srinivasa Desikan on TalkTV discussing AI
IPPR's Bhargav Srinivasa Desikan on TalkTV discussing his new report on the impact of generative AI on the UK labour market.Transformed by AI: How generative artificial intelligence could affect work in the UK – and how to manage it
Technological change is a good thing. It has brought exponential gains to living standards and is the foundation of modern society. Yet unmanaged technological change has always come with risks and disruptions.