An international sports event brings competitors from different countries to compete against each other in honest games – “may the best man win”. The events also promote regional traditions and values, and foster a sense of pride.
Hosting an international sports event gives a boost to the tourism industry of the host city. This creates employment in hotels, restaurants and transportation system.
Economic Impact
When a nation and city hosts a major international sports event, it typically experiences a boost in tourism. The event draws in fans from around the world who spend money on food, merchandise, and hotels. The event also stimulates investment in local business services such as transportation and catering. The events also create a new sense of national pride and encourage regional economic cooperation. In the long run, these benefits outweigh the costs associated with hosting the event.
The impact of sports events on the economy is largely driven by a process known as the multiplier effect. Initial spending in a region generates further rounds of re-spending within that same region, which ultimately leads to increased prosperity for the local community. However, the use of multipliers in economic impact studies is controversial because they tend to exaggerate the positive economic impacts of sport events (Howard & Crompton, 1995). This is particularly true for research sponsored by proponents of sport events.
Social Impact
While many communities host international sports events for the economic benefits they provide, there is a growing concern over social impacts. These impacts can be positive or negative, and they are often linked to the way that an event is organized and managed.
In addition to generating economic benefits, international sport events can also contribute to community social transformation in line with SDP goals. For example, they can foster spaces for social cohesion and generate collective pride in a divided city. They can also help to build a new sense of possibility for the future.
Survey results converged with interview data and showed that residents perceive international sport events as a powerful force for social impact in the hosting city. These findings suggest that it is essential for planning processes to take into account the full range of community impacts and to focus on maximizing positive social outcomes, in addition to the expected economic ones.
Environmental Impact
International sports events bring about a variety of impacts on the environment. These range from the construction of venues and use of energy, to waste production and greenhouse gasses emissions caused by travelling spectators. Whether it is the Olympic Games, Fifa World Cup or Tour de France, these major sporting events have a huge impact on our planet and should therefore be accompanied by initiatives that reduce their environmental footprint.
This could include implementing low or zero-emission technologies, renewable energy projects and reforestation efforts. It could also mean promoting and supporting green products in the supply chain and educating fans on sustainable consumption habits. 해외스포츠중계 has more info that you might need.
Ultimately, it is up to spectators and athletes to put pressure on organisers to take sustainability seriously. Athletes like Olympic sailor Hannah Mills, who considers the outdoor environment to be her office, are making a difference with their voices, encouraging others to take action and demand better from organisers and governing bodies.
Cultural Impact
During the hosting of a sports event, a city or country receives a boost in its international prestige. It is considered a’seal of approval’ to be awarded the event and is seen as a sign that the country has improved its economic and governance systems. This can lead to increased investment and aid from the international community, especially in the form of technological support through technology license agreements, technical consultancy and international subcontracting.
Despite the fact that the Red Bull event organizers did not explicitly state a social impact mission in Mostar, interviews reflected community impacts related to the promoting of local traditions and values, fostering community cohesion and generating a sense of collective pride among residents. The perceived neutrality of the event organizers was a factor in achieving these outcomes in a setting with pronounced social divisions.
Moreover, the positive effects of the events were found to be a significant predictor in explaining residents’ assessment of their contribution to urban sustainable development. In contrast, the negative effect elements were not found to significantly contribute to the explanation of sustainability.