2023, Volume 19, Issue 1
The impact of organizing a big sport event on the structure and level of city’s expenditures
Zbigniew Piepiora1, Justyna Bagińska2, Kazimierz Witkowski3, Kamila Mielniczuk1, Paweł Piepiora3
1Faculty of Spatial Management and Landscape Architecture, Wrocław University of Environmental and Life Sciences, Wrocław, Poland
2Faculty of Humanities and Social Sciences, Karkonosze University of Applied Sciences in Jelenia Góra, Jelenia Góra, Poland
3Faculty of Physical Education and Sports, Wroclaw University of Health and Sport Sciences, Wrocław, Poland
Author for correspondence: Paweł Piepiora; Faculty of Physical Education and Sports, Wroclaw University of Health and Sport Sciences, Wrocław, Poland; email: pawel.piepiora@awf.wroc.pl
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Abstract
Background & Study Aim:
Investment expenses are instruments for stimulating city growth and have considerable influence on the process of investment planning and management. A city determines the scale and directions of investments by making decisions about public investments. The result of investments is the creation of financial, economic, and social benefits. This article aims to understand how the structure and level of spending in Wroclaw was affected by hosting the UEFA European Football Championship 2012 (EURO 2012) between 2010 and 2014.
Material & Methods:
The spatial scope of the analysis was limited to Wrocław, Poland. The time range of analysis was set for the years 2010-2014 and the field of research was related to the EURO 2012 football championship. The method used was deductive reasoning, appropriate for analytical thinking. Investment expenditure of the city was analysed.
Results:
Higher levels of investments in examined areas corresponded to higher the social needs in these fields. Most investments were made in public transport. It related to the increased number of investments related to the organization of EURO 2012 and the necessity of developing the technical and social transport infrastructure.
Conclusions:
Infrastructural investments created a favourable investment environment and were the crucial instrument for local development. City-financed investments were the basis for increasing of the pace of development, and future benefits.
Key words: investment expenses, sport economics, Wrocław, EURO 2012, local development