Summer Olympic Games Australia (1956, 2000) and Brazil (2016). Africa has yet to host a Summer Olympics. Stockholm, Sweden, has hosted events at two Summer Olympic Games, having been sole host of the 1912 Games, and hosting the equestrian events at the 1956 Summer Olympics (which they are credited as jointly hosting with Melbourne, Australia). Amsterdam, Netherlands, has also hosted events at two Summer Olympic Games, having been sole host of the 1928 Games and previously hosting two of the sailing races at the 1920 Summer Olympics. At the 2008 Summer Olympics, Hong Kong provided the venues for the equestrian events, which took
Olympic Games Games, at 324%. London 2012 had a cost overrun of 76%, Sochi 2014 of 289%. Many economists are sceptical about the economic benefits of hosting the Olympic Games, emphasising that such "mega-events" often have large costs while yielding relatively few tangible benefits in the long run. Conversely hosting (or even bidding for) the Olympics appears to increase the host country's exports, as the host or candidate country sends a signal about trade openness when bidding to host the Games. Moreover, research suggests that hosting the Summer Olympics has a strong positive effect on the philanthropic contributions of corporations headquartered in