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Globalisation of sports

Alexander Dilger ()

No 6/2023, Discussion Papers of the Institute for Organisational Economics from University of Münster, Institute for Organisational Economics

Abstract: Globalisation affects not only politics and the economy, but also sport, which has become significantly more international, competitive and financially powerful. This is particularly advantageous for most consumers or spectators. Especially top athletes benefit, while not so good athletes can suffer from the greater competitive pressure. The same applies to event organisers and the mass media, from which the best and largest in particular benefit. Poorer nations can more easily enter and win international competitions, although richer nations retain advantages. All in all, globalisation of sports is not a zero-sum game, but the benefits outweigh the costs.

Keywords: Competition; Globalisation; Media; Olympics; Sports (search for similar items in EconPapers)
JEL-codes: F69 L83 Z20 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-com, nep-int and nep-spo
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