Date Presented

Spring 4-2020

Document Type

Thesis

Degree Name

Bachelor of Arts

Department

Business Administration

First Advisor

Jessica Scheld, Ph.D.

Second Advisor

Michael Schnur, Ph.D.

Third Advisor

Edward DeClair, Ph.D.

Abstract

This thesis is a microeconomic study of the economic impact hosting the FIFA World Cup can have on both a developed and developing nation. I will examine the economies of Germany and Brazil, three years prior and three years after hosting the tournament in 2006 and 2014 respectively. The pressures imposed by the Fédération Internationale de Football Association (FIFA) require significant monetary investments for the World Cup to be considered successful, but have countries been allocating their resources effectively? The purpose of this thesis is to determine the extent to which it is economically advantageous 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 to determine which components have the greatest impact and whether the benefits of hosting the World Cup outweigh the costs. I will conclude with providing FIFA suggestions on how to improve future World Cup hostings by alleviating costs and thus promoting economic and social equality within the host nation.

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