The Economic Impact of the World Cup

Stefan Szymanski

Chapter 11 in Football Economics and Policy, 2010, pp 226-235 from Palgrave Macmillan

Abstract: Abstract The 2002 World Cup will be the principal sporting event of the year. For the first time two nations, South Korea and Japan, will share the responsibilities of hosting the football tournament, and both plan to use the opportunity to offer foreigners a window into their world and stimulate the development of soccer domestically. The hosting of the World Cup, as with the Summer and Winter Olympics, represents a major investment in public relations both for the national associations involved and for central and local governments. It is these latter institutions that fund most of the investment associated with the event, and they look to reap substantial advantages.

Keywords: Economic Impact; Government Spending; Consumption Expenditure; Multiplier Effect; Foreign Visitor (search for similar items in EconPapers)
Date: 2010
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DOI: 10.1057/9780230274266_11

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