UK study: Argentina more likely to see economic boost from World Cup win than France

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UK study: Argentina more likely to see economic boost from World Cup win than France
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According to the University of Surrey, Fifa's world champion usually enjoys an extra 0.25 percentage point of economic growth in the two quarters after the tournament

Argentina is better placed than France to reap the economic benefit that typically comes from winning the World Cup, according to an academic who’s studied the historical record.

That’s mainly the result of a rise in exports, because the winner enjoys greater international visibility, Mello said in an interview. His research showed an outsize jump in Brazil’s foreign sales after it won the 2002 World Cup, for example. “If there is one of the two countries that might benefit, similarly to Brazil, this is Argentina and not France,” says Mello, a postdoctoral research fellow at Surrey. What’s more, “there may be less of a pronounced effect for France, because it is the incumbent winner, so it becomes less of a surprise.”

Earlier studies have also shown that success at the world’s largest sporting event can boost economic growth. Simply getting to the quarterfinals can deliver an increase in exports and a diversification of trade, according to a 2014 paper — which may be good news for this year’s surprise semifinalists, Morocco, and to a lesser extent Croatia. France is struggling with an energy crisis and a wave of strikes.

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