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The Economic Times
The Economic Times
Comment
Abheek Baruah

This time from Africa? Economic lessons from the beautiful game, especially the African model

Around 2/3rd of the 48 teams that qualified for the ongoing World Cup final rounds are high-income or upper-middle-income economies. Roughly 1/3rd are lower-middle-income or low-income economies.

Economists who tend to poke their noses into the Beautiful Game have long sought to find a relationship between income - both aggregate or GDP, or average per capita - of economies and their performance in the highest level of international competitive football.

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