The Seoul Olympic Games, commencing with the splendid Opening Ceremony and continuing for two weeks with excitement-filled competitions, greatly influenced many aspects of Korean society. When the Olympic torch which brightly symbolized the Olympic ideal was extinguished at the Closing Ceremony, everybody stood hand-in-hand, hoping that the moment would last a little longer. The Seoul Olympic Games, hosted with the support of all the Korean people, will be remembered as the most successful in modern Olympic history, realizing the Olympic ideal and capturing the Olympic spirit while showcasing to the utmost the potential of the Korean people. Looking back at the beginning stags, when Seoul first made its bid, there were many critics who voiced fears and were skeptical about hosting the Olympic Games. However, by overcoming many obstacles, and thanks to the new foundation of national strength and the wholehearted efforts of the organizers, the results in many cases exceeded our expectations. Through its report, 'Evaluation of the Economic Feasibility of the 1988 Olympic Games and Analysis of it Effect,' published in 1984 and 'The Significance of the Seoul Olympic Games for National Development,' published in 1987, the Korea Development Institute(KDI) analyzed the political, diplomatic, social, cultural and economic repercussions that hosting the Olympic Games would have on Korea. Now, as the curtain has fallen on the Olympic Games, it is time to analyze the comprehensive effects and significance of the Seoul Olympic Games.
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