
FDI and the Olympic Effect
With the Olympics over and the Paralympics set to begin shortly, it seems the right time to discuss the effects that such a mega-event can have on foreign direct investment (FDI). At London 2012, UK Trade and Investment reported that the Olympics resulted in GBP2.5bn of "additional inward investment". Importantly, 58% of this was said to be outside London. This totalled 14% more investment than the previous year nationally, and the highest job creation (more than 66,000) in o