Newsclick Sports crunches numbers to present the economic implications of the postponement of Tokyo 2020 Olympics.
The International Olympic Committee's decision to postpone the Tokyo 2020 Olympics will have a ripple effect across the Japanese economy. Local and international consumption is expected to take a massive hit in a country already facing the effects of a super tornado last year. In addition to the above, it is still difficult to say how Japan will reorganise the schedule and what expenditure will go into doing so. Our video crunches the numbers.