chapter  2
17 Pages

The 2014 Sochi Olympic mega-project and Russia’s political economy

ByRobert W. Orttung, Sufian N. Zhemukhov

This chapter seeks to illuminate key aspects of Russia’s contemporary political economy by focusing on the role of mega-projects in the system. We show that mega-projects form a central feature of Putin’s policymaking and management style and that this aspect of Russia’s political economy opens the door to extensive corruption in the country. Mega-projects also played a major role in economic development during the Soviet era, but they have continued on even as the system of government has radically changed. The 2014 Sochi Olympics are a useful case study of this larger phenomenon, as well as being interesting on their own.