You don't have to be a huge Marvel fan to know that 'The Avengers' sequel was filmed
in different parts of Korea from March 30th to
April 9th.
Traffic was restricted in different parts of Seoul - at some points for over 11 hours.
It was the first time a Hollywood blockbuster was filmed in this country and many were expecting
the shoot to bring about economic benefits to Korea.
Some economists have calculated those economic benefits to be around 23 million dollars,
as the film will introduce Seoul to people all around the world and thus attract more
tourists.
But, how feasible is this calculation and was it really worth all the inconveniences?
Let's bring in Dr. Kim Byoung-joo, the head of KL&P Consulting and our regular commentator
for some discussion.
First of all, about the filming of "Avengers II" in this city, the debate between costs
and benefits, how has it been unfolding so far?
Going beyond movies... recently, with the Sochi Winter Olympic Games, we saw much concern
about money being wasted.
That concerns us, because we have the PyeongChang Games coming up.
So far, the expectation is that this will bring enormous benefits to Korea?
-- [ #1 : PyeongChang Winter Olympic Games: Expected Economic Benefits]
The National
Assembly's Budget Office is not quite as optimistic though, is it...?
-- [ #2: A Critical View of Cost-Benefit Analyses]
In
deciding whether to host international events in Korea in the future, how can we better
deal with the gulf between the optimists
and pessimists?