1887

Local Development Benefits from Staging Global Events

image of Local Development Benefits from Staging Global Events

The competition to stage major global events – such as OIympic Games, EXPOs, cultural festivals, and political summits – is more intense than ever before. Despite advances in virtual communication, large-scale gatherings of this kind have again become extraordinarily popular. In part, this can be explained by the worldwide media attention and sponsorship that such events now generate. But it is also substantially accounted for by the longer-term local benefits that can be achieved for the host location, including: improved infrastructure, increased revenues from tourism and trade, employment creation and heightened civic pride. However, such positive effects do not occur by accident, or without effective local action. Effective legacy planning and management is essential to ensure that the financial risk of investing in the event pays off, and that local development is boosted in a meaningful way.

 

Put simply, when international events are hosted well, they become a catalyst for local development and global reach. This book identifies how international events work as a trigger for local development and what hosting cities and nations can do to ensure that positive local development is realised. It reviews experience from more than 30 cities and nations and it looks forward to future events yet to be hosted.

English

.

Executive Summary

This book identifies how staging international events works as a trigger for local development, and what hosting cities and nations can do to ensure that a positive local legacy and wider benefits are realised. It reviews experience from more than 30 cities/nations and it looks forwards to future events yet to be hosted. Staging international events works as a catalyst for local development, but hosting cities and nations have to take precise and dedicated steps to ensure that a positive local legacy is realised. Whilst the hosting of major international events can be seen as an end in itself, it is also an unrivalled opportunity to get other things done by a nation or a city.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error