By Paul Giblin MOSCOW Russia (Xinhua)
-- So far the 2018 World Cup in Russia
has been a success as fans from all around the World have
enjoyed a football celebration which still has just over a
fortnight left to run and which should being economic benefits,
not just to the host nation, but to those taking part.
A report by
Professor Francesc Rufas, an expert in the economy of football
at the EAE Business School in Spain highlights the benefits for
the host nation as “a short-term increase of 0.5 percent in GDP,
which comes thanks to the economic boost given by tourism and
the construction of infrastructure.”
This can be offset
by rising prices with an average 1.2 percent increase in
inflation during the tournament as bars, hotels, airlines etc
put their prices up to take advantage of the tens of thousands
of extra visitors during the competition.
Host nations also
have to beware of an increase in the deficit, which rose by
15,000 million dollars in the case of Brazil 2014 and 12,000
million dollars in South Africa four years earlier.
However, he believes
a World Cup can still be profitable “when investment is directed
at re-usable infrastructures and improvements in public
transport and traffic,” (road, rail links etc), although these
effects are seen clearer in countries where there is no
corruption and all the money goes into the projects rather than
Even just playing in
a World Cup can have a positive effect on a country’s economy
thanks to what Professor Rufas describes as the “euphoria
effect,” and there can be a rise of up to 10-15 percent in the
purchase of certain items (such as new TV’s to watch games).
And of course when
people are watching games, they tend to eat and drink, so there
is also a 10-15 percent increase in the sales of certain kinds
of food and drink.
That is accompanied
by a 20-30 percent rise in advertising revenue as producers look
to take advantage of a short-term boom and sell their products
to fans who not only want to watch their country play on a new
TV, but to celebrate their triumphs with perhaps a beer or 3.
Russia’s “UN World
Cup history” to pass to Sweden
By Ma Jianguo UNITED NATIONS New York (Xinhua)
-- Russian Ambassador to the United
Nations Vasily Nebenzya said on Friday the Russia’s UN mission
has made in bringing the World Cup to the United Nations
Security Council will be passed to Sweden.
Answering a question
by Xinhua, the Russian envoy to UN said that Russia has not only
successfully brought the Russian World Cup spirit into the UN by
arranging several sites for UN staff to watch the game through
TV live broadcast, but also playing a football in front of the
seat of the president of the Council.
said the Swedish ambassador has promised to inherit this
historical mission. As Russia takes over the presidency of the
Security Council, Sweden has indicated that it will continue to
leave football in front of the chair of the rotating president.
So Russia’s handover with the Swedish ambassador and the
rotating presidency of the Council is also the handover of the
Nebenzya said, “we
asked our Swedish colleagues if they want to continue to have
the ball on the president’s table. If they said no, we would
take the ball away but they said they will uphold the tradition
and hold it until the World Cup is over.”
A student football
match, co-organized by Russian mission to UN and several other
missions, was held at United Nations International School last
Saturday when children representing wight qualified World Cup
teams fight out for the trophies.
The Security Council
appeared to have been “intruded” by football during opening
ceremony of the Russian World Cup on June 14th when
representatives of the 15 member states of the Security Council,
UN Secretary-General Antonio Guterres, and UN General Assembly
President Miroslav Lajcak, all put up their national football
jerseys at the meeting hall.
Guterres showed up
in a black referee’s uniform and at one point held up a yellow
card. Chinese Ambassador Ma Zhaoxu, who wore a trade mark
Chinese red jersey raised up a table-tennis bat, posed with
Guterres and Nebenzya for photos in front of correspondents.
representative showed his super skill when he juggled a ball for
over ten times on his feet.
For the past two
weeks of the World Cup season, a football in front of the
president’s seat, must have been an eye catcher at the Security
Council and with days ahead of Swedish takeover of the SC
presidency, people started to wonder about the fate of what
called “Security Council intruder.” However, the friendly
transfer of the football between Russian and Swedish ambassadors
seems to have conveyed a positive signal of the on-going World
Cup, when the SC football is serving as a goodwill ambassador.
Ambassador said at the opening day of the World Cup that “we
will not only unite during the World Cup, we will continue to
unite in the future.” The football, dubbed “intruder of the
Security Council” will witness the Russian-made history at UN
during the whole length of the global tournament.