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Should countries worldwide be more interested in hosting sports mega-events?

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  • Ion, Andrei

Abstract

Tourism is nowadays recognized as an important sector that has an impact on the development of country economy. Tourism activities have a real impact on economic and social development as they contribute to the GDP and because of its role that it plays on the labor market. The ability of the national economy to benefit from tourism depends on the availability of investment to develop the necessary infrastructure and on its ability to supply the needs of tourists. Hosting sports megaevents is a theme with important impacts on the national economy. The scope of the paper is to present the impact of sports mega-events tourism on the hosting city/country. The paper also treats why sport mega-events are an attractive opportunity for countries but also what some possible loses may appear if choosing to host them.

Suggested Citation

  • Ion, Andrei, 2014. "Should countries worldwide be more interested in hosting sports mega-events?," CACTUS – Journal of Tourism Business, Management and Economics, ASE Publishing House, vol. 10(2), December.
    • Handle: RePEc:bum:cactus:article:cactus-issue-2-vol-x-no-2-2014-art-3
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    References listed on IDEAS

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    1. Stefan Szymanski, 2010. "The Economic Impact of the World Cup," Palgrave Macmillan Books, in: Football Economics and Policy, chapter 11, pages 226-235, Palgrave Macmillan.
    2. Robert Baade & Victor Matheson, 2004. "The Quest for the Cup: Assessing the Economic Impact of the World Cup," Regional Studies, Taylor & Francis Journals, vol. 38(4), pages 343-354.
    3. WOLFGANG MAENNIG & STAN Du PLESSIS, 2007. "World Cup 2010: South African Economic Perspectives And Policy Challenges Informed By The Experience Of Germany 2006," Contemporary Economic Policy, Western Economic Association International, vol. 25(4), pages 578-590, October.
    4. Victor A. Matheson & Robert A. Baade, 2004. "Mega‐Sporting Events In Developing Nations: Playing The Way To Prosperity?," South African Journal of Economics, Economic Society of South Africa, vol. 72(5), pages 1085-1096, December.
    5. Stan du Plessis & Wolfgang Maennig, 2007. "World Cup 2010: South African Economic Perspectives and Perspectives Policy Challenges Informed by the Experience of Germany 2006," Working Papers 004, Chair for Economic Policy, University of Hamburg.
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