Nations around the world show great interest in hosting international events of sports and games and this tendency is found to be more in poor nations than in the rich.
What are the factors that promote world economies to go after such events?
Why are poor nations more interested than the rich?
Competing for playing host of international sports extravaganzas is nothing new. When it comes to the factors that encourage all nations to do so too, there is not much difference either. However, poor nations have some special interests in such gala events.
Coming to the common factors that make all nations go for it, the primary thing, in think, is the opportunity such events offer. Chances for foreign currency inflow, international market exposure and development, augmenting of infrastructure and so on do come everyday. Above all, cutting a media image across the world is not every nation’s cup of tea. For example, China was able to invite the envy of super powers when it spectacularly hosted Olympics last time. Actually, China was getting a golden chance to make the world understand that developing nations too can hold such events.
Obviously, like China, all so called developing economies want to strike a cord in the international power platforms. Naturally, international events are right occasions to do it. Coming to the increasing tendency shown by poor nations, I think, apart from those common factors, primarily, these nations need to prove that they are as able as the rest of the world. Secondly, these nations take it as an opportunity to achieve growth in the shortest possible time. For example, the capital city of India, New Delhi, is witnessing unprecedented development in infrastructure in the wake of Common Wealth games. And the whole world is anxiously looking at India. Is it not clear why poor nations compete?
In short, international sports events are opportunities for all nations. However, poor nations try to shoulder such a huge responsibility because they need to prove the point that they are not second to any one, developed or developing.
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