While the overall economic growth of South Africa as a consequence of the World Cup was rather minor, there were several sectors within the country apart from the construction and tourism sectors that have particularly benefited from the World Cup.
In turn, Brunet focused his study on the economic effects of the Barcelona Olympic Games over the 18 years period In fact, World Cup economic boost reached 38 billion, while the gross impact of the World Cup on the national economy, in the form of production and incomes, was finally estimated at R93 billion Marrs, The research should be focused on analysing facts and causalities; simplifying the phenomena as well as on testing framed hypothesis.
Similarly, the inflows of investments and tourists were lower than it was believed. Moreover, immediately aftermath the World Cup, the South African budget deficit started to grow constantly and currently amounts to Second, the essay considers the concept of mega events and their impact on economic growth as a theoretical framework of the analysis of the South African case.
As the host nation, South Africa qualified automatically for the tournament. As the public demand for live transmission of sport events increased, television networks became willing to pay growing amounts of money in order to gain the rights to broadcast these large sport events. Nonetheless these profits were observed in the cities hosting the events while retail businesses in other regions did not note additional incomes Marrs, Hence, it considers the concept of mega-events and its relevance to the South African World Cup.
Nowadays some of the researches postulate that the long-lasting impact of the World Cup on South Africa seem to be more optimistic.
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These studies undertaken by various groups of researchers indicated that sport tourism had a positive impact on the national economies, in particular on the development of the host cities. He applied the same model CGE. A literature review is commonly used non-empirical research method.
The cost-benefit analysis of the World Cup prepared in by a consultancy firm, Grant Thornton was optimistic and assumed significant profits for South Africa in various areas such as massive national incomes, higher investments and employment as well as the development of tourism.
This paradigm assumes that the world is objective and can be explained with logical analysis. The World Cup was regarded as a great opportunity for economic development. Essay about soccer world cup 5 stars based on 54 reviews.
These costs still have to be covered by the host cities and national government, and hence by the South African tax payers as the private stadium management companies are not keen to take responsibility for these unprofitable investments Cottle, In the immediate aftermath of the event, Statistics South Africa, an official statistics bureau announced that the annual unemployment increased by 4.
World Investment Report Additionally, national and local governments have managed to allocate these expenditure as a part of annual budget starting from Sylvester and Hajru, At the same time, the maintenance expenditures are huge, with the largest cost of R million per annum Appendix 3estimated for the Soccer City stadium.
Realising the social science research imagination.
The research method applied in the following research is a literature review.The following essay is an in-depth analysis of the effects of the World Cup on South African economy that aims to examine how profitable this sport event was for the country. First the essay focuses on the methodology used in the following research.
The World Cup is thirty-two soccer teams in one host nation trying to be the champions of the world. The way this works is they first have to. Essay about soccer world cup; British identity essay assignment mischo kelling dissertation writing 4 characteristics of services essays on leadership word essay ibt lee kuan yew school of public policy research paper small essay on diwali vacation catherine keller essays mongols dbq essay meaning my planet essay stanford supplement.
The World Cup Essay; the World Cup in hosted in South Africa had in-home television coverage of the competition reached above billion! The delegation was concerned of the Small area of the State of Qatar, and the ability to host an event the size of.
Essay on FIFA World Cup An African nation will host the World Cup. But though the prospect excites the fans in the countries competing to host the competition, they also know that money and infrastructure will probably count more than football culture and previous success on the field in putting forward the winning bid.
The World Cup: The World’s Biggest Event Essay - Thirty-two teams, sixty-four games, eight groups of four, years of qualifying and one world champion.
The World Cup is an international soccer tournament that takes place in the summer every four years.Download