INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
FIFA is one of the biggest if not the biggest football organizations in the world and that is mainly due to the FIFA World Cup, the largest and most viewed football tournament in the world where country’s all over the world compete for the biggest sporting prize, the World Cup. Given the immensity of the World Cup, there are a lot of economic implications of hosting the event for both the federation and the host country. In terms of monetary values, there are expenses of around $2 billion incurred by FIFA but an even more sizable and attractive revenue generation of $5 billion through varying sources including and mainly pertaining to the selling of TV rights. With regards to the host country, there are also many benefits and drawbacks which are to be considered. While the main benefit of hosting the event is the economic expansion that it can facilitate, there are many questions regarding if this growth is truly sustainable in the long run. This paper will be analyzing all of the above within the scope of economics.
Keywords:
FIFA, Football, Economic growth
Cite Article:
"How does hosting the FIFA World Cup economically impact the Federation Internationale de Football Association (FIFA) and the host country?", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 7, page no.770-779, July-2022, Available :http://www.ijnrd.org/papers/IJNRD2207093.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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