Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting that sports infrastructure can serve as an anchor for local economic redevelopment. Have such promises of economic rejuvenation been realized? The City of Chicago provides an interesting case...

Supporters of mega-sporting events such as the World Cup and Olympics claim that these events attract hoards of wealthy visitors and lead to lasting economic benefits for the host regions. Developing countries have become increasingly vocal in demanding a share of the economic benefits of these...

Strategic services play a pivotal, but largely unrecognized, role in the early growth and development of market economies. The failure to appreciate their importance at early stages of development has led to the selection of policies which often fail to support the growth of service industries,...

Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The rapid investment in long-lasting physical stocks raises questions of equity and efficiency for national taxpayers and event attendees....

Countries vigorously compete for sports mega-events in hopes of generating an economic impact during the event but also long-term growth induced by the hallmark event. It is well understood that the economic legacy depends on the infrastructure that not only facilitates the games but also has...