World Cups boost happiness but not the economy.

Whenever a country bids to host the World Cup its politicians prophesy an economic boom in their economy. They invoke hordes of shopaholic visitors, the free advertising of host cities to the world’s TV viewers, the long-term benefits of the infrastructure and stadiums that will get built. However research shows that the hosting of the World Cup doesn’t generate any additional wealth and the main reason why countries wish to host the event is that it makes their population happier. Have a look at the data below – makes for interesting reading.

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