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The Impact of the Sochi Olympic Games on Russia’s Economy and Image

The Impact of the Sochi Olympic Games on Russia’s Economy and Image

FromEuromonitor Podcasts


The Impact of the Sochi Olympic Games on Russia’s Economy and Image

FromEuromonitor Podcasts

ratings:
Length:
3 minutes
Released:
Jan 27, 2014
Format:
Podcast episode

Description

Russia invested a massive US$60 Billion into the preparation of the 2014 Winter Olympics games.  The country is unlikely to see a return on its investment. However, Russia may exit the Olympics with a better international image if the games go well as incoming travelers will be greeted with up-to-date transportation, hotel accommodations and attractions. Companies such as Proctor and Gamble, Samsung and Coca-Cola have already launched massive advertising campaigns for the Olympics, bringing attention to the games and to Russia. A strong Russian Olympic team is also important as winning gold medals promotes national pride and consumer confidence, something of great importance to a country with low economic forecasts. 
Released:
Jan 27, 2014
Format:
Podcast episode

Titles in the series (100)

Euromonitor International talks about global market research affecting the world today with a look at the global economy, emerging markets, and consumer trends around the world.