The Research on Post-Olympics Economic Downturn Effects

Abstract

The paper explains the different causes of the economic downturn effects after Olympics in each organizing nation, analyzes the host country's main stock index reaction to economic situation after Olympics and shows the trend and rule in stock market. In the end, it analyzes the highest growth of each host country's main stock index data as well as prominent fluctuation period of them. Keywords-Economic downturn effects; Post-Olympic Economy; The main stock index The world's major cities are in the bid to host the Olympic Games, they would like to improve the reputation of the city, speed up urban construction and bring a direct income to the city. However, it is uncertain whether the immediate benefits can truly become the city's long-term interests or not. It is also uncertain if the benefits after Olympics are really greater than the cost for the event. With the economic downturn after the Olympics of the few countries, these two issues attracted the attention of the governments. So the researches on economic downturn effects after the Olympics have become inevitable. We summarize the main causes of economic downturn after Olympics. After analyzed the causes, we focused on the influence of post-Olympic stock markets and obtained the pattern of the markets based on the main stock index data of the host countries. This paper shows the potential relationship between the post-Olympic economic downturn effects and the trend of stock markets.