Viewpoints
[Leonid Bershidsky] World Cup extravagance shows Russia hasn’t mastered cost control
June 14, 2018
If the record cost of the Sochi Winter Olympics of 2014 was the embodiment of Russian government wastefulness, the soccer World Cup, which starts on Thursday, appears far more restrained. Yet, despite its best efforts to bring expenses under control, President Vladimir Putin’s regime still hasn’t learned how to be parsimonious. The most-often quoted cost assessment for the Sochi Olympics is $51 billion, $11 billion more than the second most expensive Olympics, the 2008 Beijing summer games. The