The life of the average Brazilian over the past year or so has been an emotional roller coaster to say the least. Against the background that ranges from ardent protests in response to fiscal policy to complete despondency when the Canarinho (Brazil’s beloved national team) unforgettably bowed out in the semi-finals of their own World Cup after a 7–1 massacre at the hands of the eventual champions, Germany, a crucial economic question has been brought into focus: why do governments subsidise mega-sports events and what type of economic impacts should the economy expect from such a decision?
One of the things that struck me most while on exchange at the University of North Carolina (UNC) is that it really is like being in a movie. While there are no meticulous canteen table partitions according to social status, on the playing field, which is where college spirit bursts forth – in the same zeal as American patriotism – the image is exactly like those scenes in Remember the Titans, Rudy, The Blind Side, etc…
The findings of the Australian Crime Commission’s (ACC) report Organised Crime and Drugs in Sport have come as a shock to many and become an enormous media story.
Should we be surprised? Are these just the actions of a few bad apples? And just how serious is the threat from organised crime?