By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...

"This book analyzes the effects of global issues on international trade such as global crises, war, and security issues, global pandemic and acknowledges the necessity of global cooperation to solve the international trade problems."