The Economics of Sports: Effective Partnership between the Government, Media, and Business in the Run-Up to the 2018 FIFA World Cup
It is expected that Russia will spend a total of approximately USD 20 billion on hosting the FIFA World Cup in 2018. This sum includes not only the cost of building and refurbishing stadiums and other sporting facilities, but also expenditure on developing rail, air, and road networks, as well as on expanding and modernizing the available stock of hotels and other public and tourist facilities. What factors must be taken into consideration when organizing major sporting events to ensure the effective use of infrastructure in the future? How can investments like these increase Russia’s tourism potential and holidays to sporting event venues? What impact can optimizing logistics have on the general economic climate in Russia’s regions? What are the social consequences of huge sporting events?