Posted by: olymponomics | April 20, 2012

Political risk and mega-events

The recent events in Bahrain in the lead-up to the F1 Grand Prix might have been rather predictable in view of last year’s cancellation. More broadly, though, civil unrest and internecine political conflict are a potential flash point for mega-events. Last summer’s riots have encouraged preparation of crisis management standards for London 2012, while there is the usual chatter from protest groups ahead of the Games, this time directed at ‘unethical’ activities of corporate sponsors. The need for event organizers to manage their ‘reputational’ risks (and those of their corporate partners and private sector contractors) have increasingly come to the fore in the Olympic context, although political risks remain a major issue to be managed.



  1. Really interesting. The economics of hosting the Olympics are interesting, too.

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