The Olympic Games and the economic performance of the host city – the case of London 2012 against selected global cities

• Authors: Julia Jastrząbek

Title variants

Igrzyska olimpijskie a sytuacja gospodarcza miasta-gospodarza – przykład Londynu 2012 na tle wybranych miast globalnych

• Languages of publication: EN

Abstracts

EN

The highly competitive global environment reinforces the trend to seek new investment opportunities that have various impacts on the local economy, and staging the Olympic Games is seen as one such example. The 2012 Summer Olympic Games in London have been widely discussed and investigated due to the very ambitious plans for socioeconomic and infrastructural development prompted by the Olympic legacy framework. Based on these observations, there are two main aims of this article. The first one is to evaluate London’s post-event legacy based on a literature review. The second research goal is to assess London’s economic performance compared with reference groups of global cities by using selected economic indicators. Both qualitative and quantitative methods were applied in this research, such as a critical literature review, a series of figures and tables with economic indicators and descriptive statistics. Based on the literature review and the author’s own elaborations, it can be concluded that the Olympic legacy framework and the Games themselves fostered economic and urban development, especially in East London. However, positive impacts and legacies were intermingled with several adverse effects. In turn, a comparative analysis of economic performance between London as the host city and reference groups of global cities demonstrates that, in the adopted time intervals, the dynamics of changes in applied economic indicators is relatively quite similar in groups of European, North American and Australian cities. In contrast, Asian cities, as one reference group, outperformed London and other global cities for the vast majority of the adopted time span.

PL

Wysoce konkurencyjna gospodarka globalna wzmaga tendencję poszukiwania nowych możliwości inwestycyjnych, mogących wygenerować impulsy rozwojowe w przestrzeni miejskiej. Jednym z tego typu przykładów jest organizacja igrzysk olimpijskich, która postrzegana jest jako ogromny projekt inwestycyjny realizowany w miastach-gospodarzach. Letnie Igrzyska Olimpijskie 2012 w Londynie były szeroko dyskutowane i analizowane, ze względu na bardzo ambitne plany rozwoju społeczno-gospodarczego i infrastrukturalnego dzięki organizacji wydarzenia. Na podstawie powyższych obserwacji, w artykule przyjęto dwa główne cele badawcze. Pierwszym z nich jest ocena dziedzictwa olimpijskiego w Londynie na podstawie krytycznego przeglądu literatury. Drugim celem badawczym jest ocena sytuacji gospodarczej Londynu jako olimpijskiego miasta-gospodarza na tle wybranych miast globalnych, opierając się na wybranych wskaźnikach ekonomicznych. W artykule zastosowano zarówno metody jakościowe, jak i ilościowe takie, jak krytyczny przegląd literatury oraz podstawowa statystyka opisowa zaprezentowana za pomocą serii wykresów oraz tabeli z uśrednionymi wskaźnikami ekonomicznymi jak stopa wzrostu PKB oraz stopa bezrobocia. Na podstawie przeglądu literatury i dokonanej analizy można stwierdzić, że plan wykorzystania organizacji Igrzysk Olimpijskich w Londynie oraz samo wydarzenie sprzyjały rozwojowi gospodarczemu oraz miejskiej regeneracji, w szczególności we wschodniej części miasta, jednakże pozytywnym skutkom towarzyszyły również negatywne efekty, m.in. w sferze społecznej i gospodarczej. Z kolei komparatywna analiza sytuacji gospodarczej Londynu jako miasta-gospodarza i pozostałych miast globalnych stanowiących grupy porównawcze pokazała, że w przyjętym zakresie czasowym, dynamika zmian wybranych wskaźników ekonomicznych jest relatywnie podobna w grupie miast europejskich, Ameryki Północnej oraz Australii, podczas gdy miasta azjatyckie jako grupa porównawcza zanotowały względnie lepszą sytuację gospodarczą mierzoną przyjętymi wskaźnikami w przeważającej części zakresu czasowego 2005–2018.

Keywords

EN

Olympic Games; economic performance; global cities; dynamics

PL

igrzyska olimpijskie; wpływ ekonomiczny; miasta globalne; dynamika; igrzyska olimpijskie; wpływ ekonomiczny; miasta globalne; dynamika

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Ekonomia Międzynarodowa
• Year: 2020
• Issue: 29
• Pages: 22-42

Dates

published

2020-03-31

Contributors

author

Julia Jastrząbek

• Uniwersytet Ekonomiczny w Poznaniu, Instytut Ekonomii

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Identifiers

DOI

10.18778/2082-4440.29.02