South Africa

sulfur Africa, a developing economy, has gross domestic product per capita of about $10,000 per year, 50% of its population living in poverty based on estimates from 2000 and a 2009 unemployment rate of 24%. The latest reports indicate that the brass of southernmost Africa spent 11.5 billion rand, or $1.48 billion, on bran-new football stadium construction and renovation to existing stadiums for the knowledge base Cup. Five new football stadiums were built to host founding Cup matches, and five existing stadiums were renovated and enlarged. FIFA regulations require all field Cup facilities to be secernate of the art, with luxury boxes and premium seating. The expertness of the new stadiums built for the knowledge base Cup range from 40,000 to 64,000. South Africa pass on have five brand new state of the art football stadiums that seat an average of 50,400 spectators and five saucily renovated stadiums that seat an average of 53,300; this stadium capacity is more than 6 times the average attendance at a crest professional domestic football match. All the new stadiums will have luxury boxes and premium seating, clearly a highschool demand good in a country with GDP per capita of $10,000. Annual operation and maintenance of a modern out-of-door sports facility can cost $10 million or more in the U.S.

, suggesting that the continuing cost of the new world Cup stadiums in South Africa could be quite large. The 2012 World Cup will clearly leave other sparing legacies. Hundreds of thousands of phaetons will travel to South Africa to watch the matches and spend coin in the local economy. For several weeks South Africa will be the center of world wide media attention. This media exposure will puree billions of people and some of them will decide to visit South Africa in the future. However, South Africa was already a major tourist destination before hosting the World Cup, so some of the emf current and future World Cup related scotch benefits from tourism should be offset by the existing economic impact of tourism in the... If you want to get a full essay, order it on our website: Orderessay

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