To what extent do major sporting events boost, local, regional and national economies?

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To what extent do major sporting events boost, local, regional and national economies?

The term ‘economic impact’ used in isolation is interpreted in different ways in both short and long term. Therefore, UK sport has adapted the following definition within its major events strategy:

‘The net economic change in a host community that results from spending attributes to a sports event or facility’. (Turco and Kelsey 1992)

I will look at how Major Sporting events within the U.K; boost the local, regional and national economy. I will use examples of sporting events held within the U.K and assess whether or not they have been beneficial to the local, regional and national areas

                               Stimulate and reinforce sports development

Employment impacts                                                     Investment in infrastructure

                                                                               Showcasing Britain across the world                                                                                                                                                  Establish trade and investment

links between regions in the country

                                                                            Transport links improved

                                                                                                   

                                                                 

                                                   Developing cultural and artistic programmes

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Inevitably hosting a major sporting event within the U.K will have an economic impact, although the event needs planning and investment incorporated with the hosting of the games for it to be beneficial to the area. Games such as the 2002 Manchester Commonwealth games, the IAAF Birmingham games and the 2012 London Olympic bid have all had a major economic impact on a local, regional and national scale. Sporting events such as these are extremely diverse from events such as the F.A Cup final and the 6 Nations tournament, as they are a single location event, spaced over more than ...

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