This article is the first to utilize a set of World Governance Indicators published by the World Bank to examine what role, if any, various characteristics of governance played in promoting success in the 2012 Summer Olympics. Although no strong statistical linear relationship is found between any of the governance indicators and Olympic success, it is shown that nations belonging to roughly the top quintile in control of corruption had a lower probability of medalling and received lower medal shares, ceteris paribus. A possible explanation for this reduced success is revealed in that scoring in the top quintile of control of corruption is also associated with fewer anti-doping violations, which may indicate lower rates of performance-enhancing drug use.

Vector autoregression, Impulse response function, Monetary policy, Canadian regional employment, C32, E52, F42, R1,

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