2002 FIFA World Cup and promote a festive atmosphere. During the flag art festival, hand-painted flags from global artists were displayed as a greeting to international guests in a manner that was designed to promote harmony (2002 Flag Art Festival Executive Committee). 2002 FIFA World Cup The 2002 FIFA World Cup was the 17th FIFA World Cup, the quadrennial world championship for men's national football teams organized by FIFA. It was held from 31 May to 30 June 2002 at sites in South Korea and Japan, with its final match hosted by Japan at International Stadium in Yokohama. A field of 32 teams qualified
Economics of the FIFA World Cup Economics of the FIFA World Cup The FIFA World Cup has a significant impact on the global economy. FIFA, football’s global governing body with 204 member countries, is beginning to view itself as a global "big business". The 1994 World Cup in the United States was hosted in a number of different cities. In Los Angeles, site of the final, there was a total economic profit of 623 million dollars that went directly into the metropolitan economy. To help one better understand this figure, in comparison of that same year the Super Bowl only accounted for 182 million dollars (Nodell).