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Developing Countries: Hosting International Sporting Events 2nd Part

05/05/10

Permalink 10:36:19 pm, by amilnal
Categories: Sports, Business, Commentary

Developing Countries: Hosting International Sporting Events 2nd Part

On the cost side, FIFA (Federation Internationale de Football Association)requires that the World Cup host country provide at least 8, and preferably 10, modern stadiums capable of seating 40,000 to 60,000 specators. For the jointly hosted 2002 World Cup in Japan and South Korea, each country offered to provide 10 separate stadiums. As neither country had a large existing infrastructure for football, South Korea built ten new stadiums at a cost of nearly $2 billion, and Japan built 7 new stadiums and refurbished 3 others of at least $4 billion. According to Executive Director of the Cricket World Cup, Ali Bacher, R500 million, South African currency, (US$66,719,578.89) was spent to bring the 2003 edition to South Africa while the upcoming FIFA World Cup in that country dwarfs that figure by some margin with the South African government spending over US$6 billion on stadiums, roads, airports and other projects.

When our region the Caribbean was about to host the Cricket World Cup in 2007. The Jamaican Minister of Finance, at the time, Omar Davies disclosed that the Caribbean Community (Caricom) heads of government decided to host the event because of the additional benefits expected to come to the region and not in terms of straight economic and financial analysis. He even quoted potential losses in the region of US$95 million, with the Jamaican government spending US$105 million and only expecting to earn US$10 million in revenue from the event. I don't know about you but I feel that this kind of financial hit for a third world country's economy, like Jamaica's, would be devastating. Numerous sectors of government will have to be neglected and the people of the country will continue to suffer in the form of increased taxes for years to come in order to help balance the budget. Three years on from the event and you see exactly what this commentator was afraid of. What benefits could you honestly say that Jamaica and her people got from the event? Forunately next week I will put forth the speculated benefits and allow you to decide if actually hosting a name tournament actually helps the conutry or countries it is staged in in the long run.

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Reasons why I love my Jamaican Mom

1. My Mother taught me about ANTICIPATION.
"Just wait till we get home."

2. My Mother taught me about RECEIVING.
"You going get a ass'n when we get home!"

3. My Mother taught me to MEET A CHALLENGE.
"What di backside yu thinkin'? Answer me when me talk to you...Don't talk back to me!"

4. My Mother taught me CONSEQUENCES.
"If yu run cross de road an' cyar lick yu dung, a goin' kill yu wid lick."

5. My Mother taught me THE VALUE OF EDUCATION.
"If yu no go a school, yu a go tun tief or walk an' pick up bottle."

6. My Mother taught me MEDICAL SCIENCE.
"If yu tun over yu eye lid an fly pitch pan it, it a go stay so fi evva."

7. My Mother taught me to THINK AHEAD.
"Is not one time monkey goin' wan' wife"

8. My Mother taught me ESP.
"Yu tink a don't know what yu up to nuh?"

9. My Mother taught me HUMOR.
"If yu don' eat food, breeze goin' blow yu 'way."

10. My Mother taught me how to BECOME AN ADULT.
"Come an' tek yu beatin' like man."

11. My Mother taught me about SEX.
"Yu tink say yu drop from sky?"

12. My Mother taught me about GENETICS.
"Yu jus' like yu faada."

13. My Mother taught me about my ROOTS.
"Yu tink mi come from "Back A Wall?"

14. My Mother taught me about WISDOM OF AGE.
"When yu get to be as ol' as me, yu wi understan'."

15. And my all time favorite... JUSTICE.
"One day wen yu have pickney, a hope dem treat yu same way."

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