Can India Host Olympics Without Meeting The Economic Fate of Greece and South Korea?

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Prime Minister Narendra Modi confirmed last month that India will bid for the 2036 Olympics, making it the first time that the country will attempt to host the world’s biggest sporting event. The announcement was met with excitement from those in the government, from the private sector and sports enthusiasts in the country, with many indicating that hosting the Summer Games in 2036 will truly announce India’s arrival in the global sporting stage. After all, the world’s most populous country has not managed to leave an impressive mark in international sports until now, barring some exceptions like cricket and hockey...