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Abstract
The impact of staging the Olympic Games on economic freedom is the main legacy that the Olympics might leave for the host city. It depends on the structure a city needs for further development which can be provided through the staging of the Olympics. In the case of Beijing, staging the Olympic Games can be analyzed as an important part of urban development strategy, to achieve its ambitions in marketization and globalization. The authors of this paper conducted ex—post estimation research on the impact of the preparation period of the Olympic Games. The ‘trend extrapolation’ method was adopted to roughly reconstruct the ‘baseline scenario’ and the ‘event scenario,’ in order to measure its impact on the degree of economic freedom in Beijing by comparing the indicators between these two scenarios. The conclusion explains how the Olympics markedly promoted the internationalization process of Beijing.