Südafrika wird als erster afrikanischer Staat eine Fußballweltmeisterschaft ausrichten. Dies ist eine große Aufgabe für eine junge Nation, die zwar wirtschaftlich prosperiert, aber immer noch schwer an den Lasten der Apartheid trägt und in vielerlei Hinsicht der Dritten Welt angehört. Der...

Nennenswerte wirtschaftliche Impulse von einer Fußballweltmeisterschaft sind auch dieses Mal nicht zu erwarten. Die Investitionen für Stadien und Infrastruktur in Brasilien sind zwar mit hohen Kosten für die öffentliche Hand verbunden, werden über mehrere Jahre verteilt aber keinen...

Nennenswerte wirtschaftliche Impulse von einer Fußballweltmeisterschaft sind auch dieses Mal nicht zu erwarten. Die Investitionen für Stadien und Infrastruktur in Brasilien sind zwar mit hohen Kosten für die öffentliche Hand verbunden, werden über mehrere Jahre verteilt aber keinen...

Yet again, no significant economic stimulus is expected from this year’s World Cup. Investments in stadiums and infrastructure in Brazil have certainly resulted in high costs for the public sector, but no significantly positive overall economic impact is expected in the course of the next few...

Nowadays tourism is one of the most important sectors of our country, and no one has any doubt about importance of sport for the economy. Both concepts create “sports tourism”, and “sporting events” are its greatest exponent that is having special importance both at academic and at the...

This paper will deal with the economic impact of the Cooper River Bridge Run on the Lowcountry region of South Carolina, and specifically on the city of Charleston and town of Mt. Pleasant. Additionally, although the event is also billed, at least theoretically, as one that also contributes to a...

This paper will deal with the economic impact of the Cooper River Bridge Run on the Lowcountry region of South Carolina, and specifically on the city of Charleston and town of Mt. Pleasant. Additionally, although the event is also billed, at least theoretically, as one that also contributes to a...

By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...

The aim of this paper is to analyse the effects of tourism consumption on imports. The basic idea is that conversion of tourism expenditure into value added and GP depends on the effect of the former on imports. Imports are leakages that reduce the economic impact of tourism in a destination and...

In this paper, we investigate tourism-related policy approaches that WTO member countries adopted in the early weeks of the COVID-19 crisis. We highlight the need for stakeholders to coordinate their responses in order to mitigate the negative crisis effects and better prepare the sector for the...