An international sports event involves teams that compete in a sport and represent more than one nation. The host country receives a variety of benefits as a result of hosting such events.
These benefits include the construction of new facilities, city beautification and improved transportation systems. Host cities also gain international prestige by holding these events.
Economic Impact
The economic impact of international sports events is a topic of debate. Some believe that these events boost tourism and business for the host community, while others argue that they do not. Regardless of the position you take, it is important to be aware of the benefits and costs of hosting an event.
The primary economic benefit of a sporting event is the revenue generated by visitor spending in the local economy. This infusion of cash creates jobs for restaurants, retailers and transport companies, as well as provides a boost to local construction businesses building new stadiums and hotels.
Other economic impacts of a sporting event include charity fundraising (although these activities would have occurred anyway) and the value of branded media time and space. However, some researchers have found that these activities are hard to accurately attribute to a particular event and should be discounted as ‘deadweight’. Furthermore, economic research has also found that money spent by out-of-town visitors is not re-spent by locals, which further skews the results of an economic impact study.
Social Impact
Host cities or regions invest large amounts of money in the infrastructure needed to host a major sports event. This investment creates jobs, increases industrial production and attracts tourists. Economic impact studies are used to measure these positive effects, as well as to determine whether a city or region should bid for a specific event.
In a community that struggles with social divisions, sport events can play an important role in fostering spaces for communal pride and building bridges between divided sections of the population. This research, which combines survey and interview data, explores the community impacts of the recurrent Red Bull Cliff Diving World Series in Mostar. It reveals that the event has laid valuable groundwork for progress and peace in a city seeking a new era.
The findings indicate that the event facilitated positive social impacts by connecting with local attributes, such as the historic, symbolic bridge site. The neutrality of the organizers, an outside party external to the area, was also a key element in promoting inclusive and welcoming space.
Environmental Impact
While the construction of new infrastructure and stadiums for global sports events is a positive economic development, it is often accompanied by an environmental cost. These events create large carbon footprints through the consumption of energy and natural resources, as well as through travel for athletes and fans.
The ecological footprint of an average event attendee is seven times larger than that of someone going about their daily activities, with the majority of this increase stemming from transport-related carbon emissions. This has become a major concern for many international sport governing bodies, who have been promoting and encouraging sustainable practices among their participants.
For example, the soccer club Wembley has invested in high-efficiency lighting and HVAC systems that lower both energy consumption and maintenance costs. Formula E, a motorsport competition focused on electric cars, also promotes sustainability through its city-centered races and emphasis on carbon offset initiatives. Despite this, the sustainability of sporting events requires a whole team effort to achieve real results.
Cultural Impact
In addition to economic benefits, hosting a sports event can also have a positive cultural impact on the host nation. This is because it enables them to showcase their culture and traditions to a worldwide audience. However, this comes with challenges such as balancing national identity with a global image, and promoting inclusive cultural values to a diverse audience. Get more info through 해외스포츠중계.
It can also be used as a platform for political activism, as seen in the 1968 Olympics when athletes Tommie Smith and John Carlos raised their fists in a Black Power salute. Moreover, international sporting events can break down barriers on a global scale by promoting social unity and peace.
In this respect, it is essential to understand how residents perceive their community’s social impacts from a sporting event. This can help in establishing a strong connection based on mutual trust that encourages citizens to support the event’s sustainability. This is especially important since social support has a direct correlation with the perception of the contribution of sports events to sustainable development.