Football has dominated the news this week. The high sums of money involved in the World Cup mean that politics and corruption can become involved. Use these resources to find out more
Goldman-Sachs World Cup and Economics report 2014 considered the link between football and stock markets. It found that on average the winner outperforms on the markets by 3.5% in the first month and the hosting nation by 2.7% ,although this is generally a short-term effect.
According to Price Waterhouse Cooper hosting a sporting megaevent will only achieve a lasting legacy if planning is thorough. The PWC website also has reports on the economics of the International football transfer market.
See the Ernst & Young assessment of the 2014 hosting of the World Cup by Brazil. It estimated R$ 142 billion generated.
Is there a political economy of Football? A topic considered by Professor Wyn Grant of Warwick University in this article and his regular blog which considers UK and international football politics and economics.
Professor Laurent Dubois (Duke University) blog also has regular discussion on this topic.
For further economic analysis try the Economist website, Repec economics working papers
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