On the microeconomic level, the construction sector was regarded as the sector that would experience the most dynamic development in the pre-event phase and the event year, while transport and communication sectors and personal services industries were estimated to be the biggest beneficiaries in the post-event phase. By definition, the literature review can be perceived as the selection of available documents (both published and unpublished) on the topic, which contains information, ideas, data and evidence written from a particular standpoint to fulfil certain aims, or express certain views on the nature of the topic and how it is to be investigated, and the effective evaluation of these documents in relation to the research being proposed (hart, 1998, p Buy now Afrikaans Essays 2010 World Cup
First the essay focuses on the methodology used in the following research. In order to prevent from a rapid development of informal sector, a number of cities (i. Although tourism sector was one of the major beneficiaries of the world cup in south africa, the benefits for the sector and hence, south african gdp were significantly lower than it was assumed. These visitors will bring from r2115 million (2012) to r3832 million to the national economy in the form of taxes (grant thornton, 2010). Moreover, in 2003 the los angeles sports and entertainment commission stated that major sporting events (i.
Moreover, the amount of money directed on infrastructure investments seems to be insignificant compared to r846 billion that the national government planned to spend on public infrastructure investment programme (2010-2013) Afrikaans Essays 2010 World Cup Buy now
The 2010 world cup was regarded as a great opportunity for economic development. About 30 of them postulated that they would personally reap benefits through new employment opportunities. Additionally, madden postulated that the olympic games would create approximately 5300 in nsw and 7500 in the whole country each year over the twelve years period (madden, 2002). Moreover, the amount of money directed on infrastructure investments seems to be insignificant compared to r846 billion that the national government planned to spend on public infrastructure investment programme (2010-2013). Similarly, it is argued that in order to prepare the countrys infrastructure for the 2010 world cup the national government deferred a number of urgent projects such as the improvements in water and electricity access in underdeveloped regions of the country (sylvester and hajru, 2010) Buy Afrikaans Essays 2010 World Cup at a discount
Hence, the economic impact of sporting mega-events on the host countries became of keen interest for the academic scholars and policy makers (bohlmann, 2006). Hence, it considers the concept of mega-events and its relevance to the south african world cup. Weighing the world cups worth online available from httpwww. In order to achieve this goal the estimated costs and benefits of such a mega-event in south africa, prepared by grant thornton (2004) have been compared with actual economic performance of south africa. Hence, it became clear that the corruption was a major cause of the disparities between estimated and actual expenditures in south africa, where the corruption perception index, a common measure of national level of corruption, reached 4 Buy Online Afrikaans Essays 2010 World Cup
Additionally, national and local governments have managed to allocate these expenditure as a part of annual budget starting from 2006 (sylvester and hajru, 2010). Although tourism sector was one of the major beneficiaries of the world cup in south africa, the benefits for the sector and hence, south african gdp were significantly lower than it was assumed. According to bless (2000) major aims of a literature review are to deepen the theoretical basis of the research to acquaint the researcher with the recent studies in the area of research as well as to identify the weaknesses in previous works. Madden (2002) continued the research started by the crea on the economic implications of the sydney olympic games Buy Afrikaans Essays 2010 World Cup Online at a discount
It is worth adding that the infrastructural and organizational legacy from the sydney olympic games was partly responsible for the scope of the economic benefits of the rugby world cup. Further, the world cup deepened an informal sector in south africa. Transportation sector within a country was sharply hit by the global recession, as a number of export markets collapsed. In order to provide reliable and valid data, the international databases (i. They concluded that a good understanding of the effects of these events upon the quality of life of residents in of key significance in order to ensure sustainability of these events.
What is left after the world cup? Pretoria idasa. Hence the event caused the waste of significant amounts of national revenues Afrikaans Essays 2010 World Cup For Sale
According to the 20092010 global competitiveness index, south arica became 45th most attractive country across the globe to invest in. Hence, it considers the concept of mega-events and its relevance to the south african world cup. Hence, the economic impact of sporting mega-events on the host countries became of keen interest for the academic scholars and policy makers (bohlmann, 2006). Moreover, domestic football fans that travelled across the country to see the games generated additional 75million. According to these estimations, this sporting mega-event was supposed to contribute even 2.
Swinnen and vandemoortele, 2008) publications of international organizations as well as journals articles (i For Sale Afrikaans Essays 2010 World Cup
As the sydney olympic games was largely perceived as the success in terms of the positive economic effects, australia has hosted two other mega-events. Nowadays some of the researches postulate that the long-lasting impact of the world cup on south africa seem to be more optimistic. The research was based on multiregional computable general equilibrium model (cge) and included twelve years period (1995-2006). In fact, world cup economic boost reached 38 billion, while the gross impact of the world cup on the national economy, in the form of production and incomes, was finally estimated at r93 billion (marrs, 2010). According to these estimations, this sporting mega-event was supposed to contribute even 2 Sale Afrikaans Essays 2010 World Cup