Of the ten countries that received the most medals at the London games, all except China and Russia are OECD members, while no less-developed countries, with the possible exception of Ukraine, are in the top 15. Thus, while economic power is not a prerequisite to Olympic power, multipolarity in sports remains positively correlated with it.
https://prosyn.org/jIzg4sk
PARIS – Is there a link between economic power and Olympic medals? Is a form of multipolarity in sports emerging as political multipolarity sets in?