Pyeongchang, a tiny ski resort in a remote corner of South Korea, has transformed itself into the host of the largest-ever Winter Olympics. Here’s how the Games look from a drone’s perspective. SEOUL—With the opening ceremony of the 2018 Winter Olympics just days away, the South Korean economy is enjoying a boost from the roughly $12 billion that has been spent on new hotels, housing projects, venues and infrastructure. But concerns abound about whether the real-estate and infrastructure development tied to the Pyeongchang Olympics will be worth it to Asia’s fourth-largest economy. Some economists worry it will hurt the country’s long-term fiscal health and aggravate the financial burden on future generations.

Source: Wall Street Journal February 06, 2018 13:00 UTC