Advantages and disadvantages of holding World Cup Dissertation

Advantages and disadvantages of holding World Cup - Dissertation Example The Federation International de Football Association since then has been playing an important role in the development of the world football and holds the responsibility of organizing the greatest competition in the field of football the ‘FIFA World Cup’. Mega events like the FIFA World Cup have serious effects on the economy of the host countries. Proper Scrutiny of the effects could reveal a handsome growth of the country’s economy as an impact of the World Cup and other similar international events. However there may be some adverse effects too for the economy of the country because of the huge depletion of the resources of the country in organizing such a mega event. Thus the paper aims in studying the scope of the advantages that the host country could enjoy as well as the adverse incidents that may occur as an impact of the World Cup. The impact of the FIFA World Cup of the year 2022 on the economy of the host country, Doha has been discussed in this context. Aims and objectives To find out the positive as well as the negative impacts on a country and its people in holding and organizing a huge event like the World Cup. To find out and identify the main factors that can create a threat to the success of the event as per the arrangement of the country and remedies for preventing those problems. Studying whether such a huge event in the country will ultimately be able to improve the economic conditions of the country, help in achieving the process of development faster. Any positive help in the handling of issues related to the overall health system, the security issues of the country and the poverty level of the country is an important aim of this paper. Identifying the ultimate financial gainer of this event in the country. To analyze the advantages and disadvantages of hosting the World Cup in Doha with the help of a primary survey. Research Hypothesis It is assumed that the overall impact on the host country is likely to be good, cons idering every aspect of the cultural, social as well as economical features of the country. Literature review The international events like the World Cup have huge impact not only on the cultural and the entertainment of the country, but also on the economic environment of the organizing nation. By attracting more and more tourists in the country the tourism departments of the country also experience a growth with the organization of the event by the country. Moreover the amount of the foreign direct investment in the country also experiences certain boost with the holding of an international event like the World Cup. These facts have been established by the reports as published by the country of South Africa that hosted the Football World Cup of the year 2010. The host country of the FIFA World Cup has experienced a massive growth of their economy by revealing properly the best sides of the country’s culture. They have also ensured a successful trade of the cultural presence of the country. The country invested an amount of about ten billions on an approximate basis for hosting the event in the year 2010, about 40 billion in the country’s currency for infrastructural development and urgradation in the country. The gross domestic product expected a 0.5 percent increase in the year as the impact of the month long event in the country. Moreover approximately three lakh seventy thousand visitors from foreign countries visited South Africa during the period that facilitates the tourism of the country. It may work as an inductive force in attracting more tourists in the near future. South Africa is a country with huge racial inequalities in the society. There is several millions of the black population of the country that resides in immense poverty. The people of these different races have been drawn