Hostname: page-component-669899f699-b58lm Total loading time: 0 Render date: 2025-05-04T03:59:44.266Z Has data issue: false hasContentIssue false
  • English
  • Français

Tokyo 2020: Public Cost and Private Benefit

Published online by Cambridge University Press:  14 March 2025

Eva Marikova Leeds
Rights & Permissions [Opens in a new window]

Abstract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

The IOC’s myopic push for increasingly elaborate Olympics increased the size of the Olympics and raised the staging costs, which outpaced revenue and discouraged bidders. As the Olympics have become very costly mega events, only rich megacities like Tokyo can afford to host them. Advocates of the Olympics remain convinced that the Olympic expenditure is an investment that the city will ultimately recoup, but this is unlikely. For construction companies, however, the games are a bonanza.

Type
Research Article
Information
Asia-Pacific Journal , Volume 18 , Issue 5 , March 2020 , e7
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Authors 2020

References

Adelstein, Jake, 2015. “Keeping the Yakuza Away from the 2020 Olympics,” The Japan Times, May 9, accessed July 30, 2016.Google Scholar
Baade, Robert, and Matheson, Victor, 2016, “Going for the Gold, The Economics of the Olympics,” Journal of Economic Perspectives, 30(2): 201–218.CrossRefGoogle Scholar
BBC, 2013. “Tokyo Governor Naoki Inose Resigns over Money Scandal,” BBC News, December 19, accessed July 30, 2016.Google Scholar
Bruckner, Markus, and Pappa, Evi, 2015, “News Shocks in the Data: Olympic Games and Their Macroeconomic Effects.” Journal of Money, Credit and Banking 47(7): 1339–67.CrossRefGoogle Scholar
Burgess, Chris, 2015, “Silencing the Voices in Tokyo’s First Ever Local Referendum,” ejcjs, April 19. 2015, accessed January 18, 2020.Google Scholar
Cushnan, David, 2009. “2016 Olympic City Bid Report; Tokyo,” July 19. Accessed January 25, 2020.Google Scholar
EU-Japan Center, “Winning Bids for Tokyo 2020 Olympic Venue Construction Announced,” n.d. accessed January 20, 2020.Google Scholar
Flyvbjerg, Bent, Stewart, Allison and Budzier, Alexander (2016), “The Oxford Olympics Study 2016: Cost and Cost Overrun at the Games,” Saïd Business School Working Paper 2016-20. 28ppCrossRefGoogle Scholar
Gibson, Owen, 2016. “Tokyo Olympics: €1.3m Payment to Secret Account Raises Questions over 2020 Games,” May 11, accessed July 30, 2016.Google Scholar
Grohmann, Karolos, 2016. “Tokyo in Seventh Heaven with New Sports,” June 2, accessed on June 17, 2016.Google Scholar
GCR Staff, 2017a, “Japan’s Top Four Contractors Cash in on Olympic Building Boom,” May 15, accessed January 27, 2020.Google Scholar
GCR Staff, 2017b. “Japan’s Maglev Corruption Probe Nets Giants Kajima and Shimizu,” December 18, accessed January 20, 2020.Google Scholar
International Olympic Committee, 2018. IOC Annual Report 2018, Lausanne, IOC.Google Scholar
Japan for Sustainability, 2013. “First Citizen- Initiated Referendum Held in Tokyo,” July 29, accessed July 30, 2016.Google Scholar
Kameda, Masaaki, 2015. “‘Sacred’ but Aging Tokyo Sports District Faces Major Redevelopment,” Japan Times, April 11, accessed July 30, 2016.Google Scholar
Kelly, William W., 2009. “Asia Pride, China Fear, Tokyo Anxiety: Japan Looks Back at 2008 Beijing and Forward to 2012 London and 2016 Tokyo,” The Asia-Pacific Journal, Vol. 23-5-09, June 8, accessed on July 20, 2015.Google Scholar
Natland, Susan, and Phillips, Gregory, 2012. “Advertising at the Olympics - Let the Games Begin!” International Bar Association, accessed December 14, 2015.Google Scholar
Numata, Chieko, 2006. “Checking the Center: Popular Referenda in Japan,” Social Science Japan Journal, 9(1), pp. 19–31.CrossRefGoogle Scholar
Olson, Mancur, 1971. The Logic of Collective Action: Public Goods and the Theory of Groups, Cambridge, MA: Harvard University Press. First published in 1965.Google Scholar
McCurry, Justin, 2016. “Tokyo’s governor Yoichi Masuzoe resign over expenses scandal,” The Guardian, June 15, accessed July 30, 2016.Google Scholar
Sobel, Jonathan, 2015. “Japan Scraps Olympic Stadium Plan Over $2 Billion Price Tag,” The New York Times, July 17, accessed June 18, 2016.Google Scholar
Tomizawa, Roy, 2018. “The Famed Tsukiji Market Closes and New Toyosu Fish Market Opens Today: How Does this Impact Tokyo 2020?” The Olympians, October 11, accessed January 25, 2020.Google Scholar
Woodall, Brian, 1996. Japan Under Construction: Corruption, Politics, and Public Works, Berkeley: University of California Press.CrossRefGoogle Scholar
Yamada, Takao, 2016. “Japan Political Pulse: What I’d Like to Ask Dentsu over the Olympic Payment,” The Mainichi, May 29, accessed July 30, 2016.Google Scholar
Zimbalist, Andrew, 2015. Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup, Washington, DC.: Brookings Institution Press.Google Scholar