Economy benefit of the world cup
The 2006 Germany FIFA world cup is going along right now. Some people think that it stimulates the domestic economy, some people do not.Before the world cup, a investigation showed that the confident index of consumers in Germany would increase in June. GFK estimated that all kinds of expenditures would be increasing in the competition. The turnover of local television production “Loewe” had increased 38% in the first quarter. However, another statistic shows that of the using of hotel is just 60% which is in the same level than before in the period of the world cup. And ensure public security would even cost some financial capital. So what do you think about the benefits the world cup brings to Germany. Besides, one economy report estimated that income in Germany would increase more than 3 billion dollars in 3 years due to the influence of the world cup. Do you think this estimate will really work? Does the increasing really because of the world cup?
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Another indication that the World Cup has not generated the anticipated boost in the local German economy comes from the (legal) prostitution industry. According to this article,
the German red light districts have not seen increased business due to the influx of soccer fans from around the world. Many were also expecting a temporary migration of sex workers from Eastern Europe, but that also has not occured. One explanation for the lackluster business as cited by the article is that...
"Some workers in the sex trade said the communal nature of the World Cup discourages visits to prostitutes, which is by nature a furtive, solitary activity. Many foreign visitors have come to Germany with their families or friends, and travel in buses and campers that do not afford much privacy."
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