BRAZIL FIFA WORLD CUP 2014!!!

Why there are so many country wanted to organise World Cup too?

Because It's bring lots of benefits to a country, especially stimulate the Gross Domestic Product (GDP)

Gross Domestic Product (GDP) is to measures the total market value of all final goods and services produced over a specific time period. It is important for measure health of a country's economics.
 

The economy of Brazil is the world's sixth largest by nominal GDP.

However, economics in Brazil is not so well recently BUT World Cup is the best way to stimulate the GDP!!!  

The best way of stimulate GDP is have more people working!

To organise World Cup, Brazil govenment needs to construct the roads, stadiums, airports and other projects required to host sport’s most-watched event. This will create about 250,000 new jobs.

World Cup also can boost Tourism to stimulate the GDP too! More people will get to know and interested travel to Brasil after World Cup.

 

According to FIFA and government figures, in previously host like Germany in 2006 event, and 2010 host South Africa had a increases of 0.5% GDP during the World Cup year. This prove that organised World Cup is the best way to stimulate GDP.

However, there are some street protest in Brasil recently BUT economists and Brasil government believe that they will overcome the problems and World Cup will bring 70 to $110 billion to Brazil's economy in a ten-year period.

Lastly, I hope that one day MALAYSIA also will be the host of World Cup!!! haha~

-Teng Ying Ze

Reference List :

 http://abcnews.go.com/ABC_Univision/brazilians-angry-world-cup-spending/story?id=19440162#.Ud1wG23zmQw

http://www.mid-day.com/sports/2013/jul/030713-brazilian-protests-raise-doubts-over-2014-world-cup.htm