The economic dimension of the Olympic Games, Holger Preuss

Lesson 2 years ago

The economic dimension of the Olympic Games is not easy to measure. On the one hand globalisation has increased the revenues of the Games which, vice versa, supports sports systems all over the world. On the other hand there is no tendency to describe the economic dimension of Olympic Games. There are “cheap” Games such as those from Los Angeles 1984 and Atlanta 1996 and “expensive” Games such as Barcelona 1992, Athens 2004 or Beijing 2008. These Games affect the economy of their country differently. First the Olympic Games will be compared with basic economic indicators of national accounts in order to demonstrate their economic importance for the host country, which is not very big. Then the Games are compared with other major sport event which shows their huge economic dimension. Later this lesson will focus on the two dimensions “time” and “space”. “Time” is important in order to describe the duration of economic impulses of a single Games.

cv_preussHolger Preuss is Professor of Sport Economics and Sport Sociology at the Johannes Gutenberg-University in Mainz, Germany and for Event Management at the Molde University College, Norway. He also is professor at the University of Ottawa, CAnada. Holger studied sport science and economics in Göttingen and taught at the German Sport University in Cologne and the University of Frankfurt. He is international scholar at the State University of New York (Suny, Cortland) since 2006.