IDEAS home Printed from https://ideas.repec.org/a/scn/00rbes/y2015i1p5-33.html
   My bibliography  Save this article

Political Economy Of Olympic Games

Author

Listed:
  • R. Nureev

    (Financial University)

  • E. Markin

    (Russian State University of Physical Education)

Abstract

The purpose of the article is to analyze how IOC voting process modifies the Olympic ideals and sport development in host countries. The authors analyze a representative democracy within the Olympic Movement (the features of the functioning of the IOC, NOCs and other public organizations in the process of Olympic Games preparation). The article discusses the features of the decision making process at different stages of the hosting country selection. Candidature Acceptance Procedure includes 11 indicators. The authors describe these indicators and analyze the importance of each of them for final score. A special attention is paid to the voting procedure in the final part of the decision. The authors investigate the factors contributing to the developmentof principal-agent problem, logrolling and bureaucracy. Features of voting and logrolling are based on the choice of 2014 Olympic Winter Games capital (Sochi, Russia).Influence of Olympic Games on the host country’s economy is investigated on the base of major macroeconomic factors. Authors show the dependence between chosen model of administration and financing and economy and sport development in SR and LR.The authors draw conclusions on how to improve the constitutional framework for the reduction of the prerequisites for the emergence of informal relations in the decision to host sports mega events. В статье рассматривается прямая и представительная формы демократии и их проявлениев Олимпийском движении. Авторы подробно анализируют процесс выбора столицы очередных Олимпийских игр, его слабые стороны. Особое внимание уделено выборам Сочи - столицы зимних Олимпийских игр2014 года.Авторы дают анализ издержек и выгод на разных этапах олимпийского делового цикла, рассматривают особенности экономической и политической деловой активности и факторов, от которых они зависят. Статья также посвящена анализу влияния Олимпийских игр на экономику страны их проведения. Выделены модели управления и финансирования Олимпийских игр и дан анализ их применения в странах, проводивших Олимпийские игры в 1992-2008 гг.

Suggested Citation

  • R. Nureev & E. Markin, 2015. "Political Economy Of Olympic Games," Review of Business and Economics Studies // Review of Business and Economics Studies, Финансовый Университет // Financial University, vol. 3(1), pages 5-33.
    • Handle: RePEc:scn:00rbes:y:2015:i:1:p:5-33
    as

    Download full text from publisher

    File URL: https://rbes.fa.ru/jour/article/viewFile/3/3.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    • Nureev Rustem & Markin Evgeny, 2015. "Political economy of Olympic Games," Review of Business and Economics Studies, CyberLeninka;Федеральное государственное образовательное бюджетное учреждение высшего профессионального образования «Финансовый университет при Правительстве Российской Федерации» (Финансовый университет), issue 1, pages 5-33.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scn:00rbes:y:2015:i:1:p:5-33. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Алексей Скалабан (email available below). General contact details of provider: http://rbes.fa.ru/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.