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Cost of World Cup may be too high for Brazil

July 21st, 2014

Brazil's World Cup has been estimated to be the priciest of any yet, with a projected cost of $11.5 billion. Some predictions even claim that the Brazilian government will have spent up to $14 billion on building and renovating 12 stadiums; upgrading federal, state and city infrastructure; and ensuring security.

In a country with many economic and social issues that need to be addressed, such amounts of spending—more than three times the amount spent on the last World Cup—seem irresponsible to Brazilian citizens who are eager to understand the benefits of such spending, writes consultant and statistician Carlos Alberto Gómez Grajales in a Statistics Views feature.

More information:
www.statisticsviews.com/detail … m-the-World-Cup.html

Provided by Wiley

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