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The economics of the World Cup

Brazil supporters celebrate after their team's 1-0 win over Switzerland in a World Cup Group G football match at Stadium 974 in Doha, Qatar, on Nov. 28, 2022. Brazil advanced to the knockout stage. (Kyodo)
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David Dollar speaks with Victor Matheson, a professor of economics at the College of the Holy Cross, about the economic implications for a country hosting the World Cup tournament. Prof. Matheson, author of a recent paper, “The Economics of the World Cup,” discusses the costs and benefits for the host country, whether sports stadiums generate economic activity, the impact on tourism, and FIFA’s role in organizing the quadrennial event.