Access over 20 million homework & study documents

search

2022 FIFA World Cup

Type

Homework

Rating

Showing Page:
1/13
Running head: 2022 FIFA WORLD CUP 1
2022 FIFA World Cup
Name:
Introduction:
Introduction
FIFA World Cup is the greatest sporting occasion on the planet, drawing in a more
extensive spectators and support than the Olympics. in excess of 26 billion aggregate TV
spectators were identified in ‘06 World Cup in Germany. the official estimations from the 2010
competition in South Africa are yet to be discharged, as FIFA has expected a comparable TV
viewers. Currently The FFA is bidding for Qatar to hold the 2022 FIFA tournament and the
Qatari government has submitted millions of dollars in fiscal support. upon being fruitful, the
occasion can possibly convey significant advantages to the locals. In any case it will likewise
include a variety of huge expenses and dangers, a large number of which will be directly borne
by government. A bid book was submitted by The FFA to FIFA for deliberation on 14
th
May
‘10. The proposal incorporates twelve stadia over ten host urban areas across the country, which
would see the tournament played in over six states and regions (FIFA, 2010). An effective Qatari

Sign up to view the full document!

lock_open Sign Up
2
2022 FIFA WORLD CUP
proposal would see the tournament held in an Asian Football Confederation fellow country in the
competition's eighty year history.
Pre-requisites for Holding a World Cup Event
Stadiums
A FIFA prerequisite for holding the tournament is no less than twelve stadiums with a
base limit of forty thousand for the crowd stage and expanded volumes as the competition
advances. Infrastructure expenses range from $2.7 billion under the full stadia situation to $346
million under the overlay cost situation, in view of appraisals given by the FFA infrastructure
group. The expenses are focused around renovations p to meet FIFA's specialized necessities to
hold a tournament or construction expenses if the stadium is constructed particularly for the
World Cup.
Preparation Amenities and Base Camps
Every team contending in the tournament is designated a preparation venue, located close
to the accommodation and match venues. Strict necessities concerning restrictiveness of
utilization, clean venues and other FIFA guidelines apply.
Proposal Expenses
There are in advance expenses connected with tendering for the tournament. These are
sustained whether a nation is effective in its proposal to have the competition.
Expenses to Government
A prerequisite of the tournament proposal methodology is for proposing countries to sign
different government agreements that enfold a variety of business, legitimate and operational
courses of action. These assurances will confer governments to significant expenses, for
example, giving security and telecommunication necessities.
Preparation Venues
Notwithstanding stadium necessities for match days, FIFA additionally oblige that groups
have admittance to base camps (picked separately and independently financed by the contending
countries) and preparation venues in close locality to match day sites.
Today’s economic integration and development challenges in evolving such global sport
event and how it is being conformed into a profitable business model for Qatar.
The Approach Economics CGE Model

Sign up to view the full document!

lock_open Sign Up
3
2022 FIFA WORLD CUP
AE-RGEM is a huge scale, dynamic, multi-district, multi-commodity quantifiable
general symmetry model of the world economy. The model permits strategy dissection in a
solitary, strong, incorporated economic system. This model activities changes in macroeconomic
totals, for example, GDP, occupation, export volumes, financing and private utilization. The
model is based upon a group of key underlying connections between the different parts of the
model, every representing a diverse set of agents in the economy.
Key components of AE-RGEM
The Representative Household
Every section in the model has a supposed illustrative household that obtains and uses all
revenues. The illustrative household apportions revenues over three distinctive consumption
zones: private household utilization; government utilization; and savings. Going clockwise, the
illustrative household communicates with manufacturers in two ways. To start with, in allotting
consumption crosswise over family and government utilization, this supports interest for
generation. Second, the illustrative household preserves and obtains all revenues from variable
installments (work, capital, land and natural assets) and net charges. Aspects of production are

Sign up to view the full document!

lock_open Sign Up
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Really helpful material, saved me a great deal of time.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4