Archived Abstracts
Location
Room 214, Schewel Hall
Access Type
Open Access
Entry Number
31
Start Date
4-8-2020 1:15 PM
End Date
4-8-2020 1:30 PM
Department
Economics
Abstract
This thesis is a microeconomic study of the economic impact hosting the FIFA World Cup can have on both developed and developing nations. It will examine the economies of Germany and Brazil, three years prior and three years subsequent to hosting the tournament in 2006 and 2014 respectively. The pressures imposed by the Fédération Internationale de Football Association (FIFA) require significant investments for the World Cup to be successful, but have countries been allocating it effectively? The purpose of this thesis is to determine, from an economic point of view, the extent to which it is beneficial for a nation to host an event of such global prestige. The study will consist of examining a series of variables that tend to be major determinants of economic growth. I will analyze the results in order to determine which components have the greatest impacts and ask whether the benefits of hosting the World Cup outweigh the costs.
Faculty Mentor(s)
Dr. Jessica Scheld Dr. Edward DeClair Dr. Michael Schnur
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Included in
The Impact of Hosting the FIFA World Cup Case Study: Developed vs Developing Nations
Room 214, Schewel Hall
This thesis is a microeconomic study of the economic impact hosting the FIFA World Cup can have on both developed and developing nations. It will examine the economies of Germany and Brazil, three years prior and three years subsequent to hosting the tournament in 2006 and 2014 respectively. The pressures imposed by the Fédération Internationale de Football Association (FIFA) require significant investments for the World Cup to be successful, but have countries been allocating it effectively? The purpose of this thesis is to determine, from an economic point of view, the extent to which it is beneficial for a nation to host an event of such global prestige. The study will consist of examining a series of variables that tend to be major determinants of economic growth. I will analyze the results in order to determine which components have the greatest impacts and ask whether the benefits of hosting the World Cup outweigh the costs.