Ukraine will be the only emerging market in the top ten best performing countries at the upcoming 2012 Summer Olympics in London, according to the study compiled by American bank Goldman Sachs.
The authors of the research The Olympics and Economics 2012 expect Ukrainian athletes to win 9 gold medals (and 27 total) at the high profile sports event.
Explaining the methodic used to produce The Olympics and Economics 2012, the author states: “Ultimately, it appears that gold does go where growth and the overall growth environment are best.” The report quotes Tim Hollingsworth, the Chief Executive of the British Paralympic Association: “When you create a world class environment you are far more likely to create world class athletes.”
