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2024-12-07 09:17:07

maiakee on Nostr: White Elephant government projects often fail due to unclear goals, inflated ...



White Elephant government projects often fail due to unclear goals, inflated benefits, high costs with low returns, corruption, mismanagement, and lack of public interest. These initiatives burden taxpayers without addressing real needs, often leading to environmental and social issues.

A global example is Greece’s abandoned Olympic venues from the 2004 Games. Billions were spent on infrastructure that remains unused, highlighting poor planning and lack of long-term vision. This underscores the need for government projects to prioritize transparency, feasibility, and real public benefit.

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