05/19/2008
The Olympic Games have a history of at times being followed by economic recessions in host countries. These “post-Olympic economic blues” have been the result of massive new infrastructure investments undertaken before the Games, followed by a sudden pause in such investments. This “pause” in growth is unlikely to happen in China: the post-Olympic Chinese economy is likely to continue its rapid and sustained growth. Furthermore, the Beijing Olympics could serve as a catalyst for improving the quality of China’s development.