Russian Analytical Digest No. 150: Mega-Events

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No. 150: Mega-Events

Author(s): Martin Müller, Sven Daniel Wolfe, Robert Orttung

Editor(s): Stephen Aris, Matthias Neumann, Robert Orttung, Jeronim Perović, Heiko Pleines, Hans-Henning Schröder, Aglaya Snetkov

Series: Russian Analytical Digest (RAD)

Issue: 150

Publisher(s): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University

Publication Year: 2014

This edition examines the impact of Russia’s hosting of global mega-events. Firstly, Martin Müller and Sven Daniel Wolfe consider the cost of Russia’s investment in hosting World Cup 2018, detailing how it is set to be the most expensive World Cup ever. They suggest that with the economic outlook for Russia darkening, this mega-event is likely to become a deadweight to Russian economic development through the misallocation of scarce resources. Secondly, Robert Orttung focuses on the legacy of the Sochi Olympics. He argues that although this mega-event passed without many of the disasters commentators had predicted, its main legacy will likely be as a temporal marker for Russia’s annexation of Crimea.

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