What has been left after hosting the Formula 1 Grand Prix in Istanbul?


Gezici F. , Er S.

CITIES, cilt.41, ss.44-53, 2014 (SSCI İndekslerine Giren Dergi) identifier identifier

Özet

Cities have been changing with the winds of globalization, which transforms economic structure from production to a more consumption-based economy. Especially since the 1990s, international events have increasingly become a new tool for attracting visitors, which bring revenue for the cities and enhance their competitiveness. Economically, it has been estimated that sporting events contribute 3% of the gross domestic product of OECD countries.