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2022 FIFA World Cup : Economic Impact on Qatar and Regional Spillovers / Aidyn Bibolov, Ken Miyajima, Sidra Rehman, Tongfang Yuan.
- Format:
- Book
- Government document
- Author/Creator:
- Bibolov, Aidyn.
- Series:
- Selected Issues Papers; Selected Issues Paper ; No. 2024/011
- Selected Issues Papers
- Language:
- English
- Physical Description:
- 1 online resource (13 pages)
- Other Title:
- 2022 FIFA World Cup
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2024.
- Summary:
- Qatar hosted the 2022 FIFA World Cup (WC) successfully and took the opportunity to further develop its non-hydrocarbon economy. Near-term contributions to Qatar’s economy, from visitors’ spending and WC-related broadcasting revenue, of up to 1 percent of GDP was comparable to cross-country experiences. The event generated positive regional economic spillovers as a sizeable share of spectators stayed in and commuted from neighboring GCC countries. Longer-term contributions were significant—the large investment in general infrastructure ahead of the WC drove much of the non-hydrocarbon sector’s growth in the past decade. The high-quality infrastructure and global visibility brought by the WC should be leveraged to further promote diversification and achieve the National Vision 2030.
- Notes:
- Description based on print version record.
- ISBN:
- 9798400268014
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