Year of Graduation
Mega-events Prefer Autocracies: Evidence from the Olympic Games
Joint HSE-NES Undergraduate Program in Economics
The paper answers, how political regime in the particular country affects the probability of making the bid for and hosting the Olympic Games. The analysis is based on three samples of potential hosts, bidders and all National Olympic Committees in different periods. The author concludes, that lower level of democracy in the particular country leads to higher probability not only to make a bid successfully, but also to host the Olympic Games. The author proposes three main reasons for that: the willingness of autocratic leader to spend more money on bribes to the IOC members; the higher importance of prestige for a modern dictator, than a democrat; and less opportunities for imposing restrictions on the decision to host mega-even by the society legally.