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Korea as a sports host

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  • Korea as a sports host
  • Han, Chang-Soo
  • Samsung Economic Research Institute


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Title Korea as a sports host
Similar Titles
Material Type Reports
Author(English)

Han, Chang-Soo

Publisher

[Seoul]:Samsung Economic Research Institute

Date 2007-08
Series Title; No Issue paper / 07-04
Pages 14
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Others
Holding SERI

Abstract

In March 2007, Daegu won the right to host the 2011 World Athletics Championships, making Korea the seventh country to hold the world’s three major sports events ? the Olympics, the World Cup Finals and the World Athletics Championships. Even the US, Russia and China have yet to host all three major events. Hosting international sports events can elevate the economy and national image of host nations, as well as their sports industry. The benefits are reaped before, during and after an event. Investment in infrastructure and facilities to prepare for the event stimulates jobs and income. The event itself brings in a flood of visitors. Afterwards, the economy benefits from infrastructure improvements made for the event. The raised international profile and reputation can increase tourism. Busan, for example, gained a reputation as a more international city after successfully hosting the 2002 Asian Games. (The rest omitted)