The State Hornet

The World Cup does not help Brazil’s economy

Lillie Apostolos

June 26, 2014

As reported by U.S. News and World Report, Brazil has invested approximately $11.5 billion in hosting the 2014 FIFA World Cup. In doing so, Brazil risked the social and economic well-being of many Brazilians for a potential short-term boon to their economy.While hundreds of millions of dollars were spent on each of the 12 stadiums, fans ar...