A New Art. New Markets (New edition)
By: Iain Robertson (author)Paperback
More than 4 weeks availability
A New Art From Emerging Markets sets out to introduce and examine three types of emerging market for contemporary art: the very recently established, the maturing and the mature. In temporal terms, the youngest are no more than five years old; the maturing, fifteen years old; and the mature up to twenty-five years old. But time is only one measure of the market, because size and speed of growth provide other means of establishing where the market is placed. As well as providing a survey of emerging art markets throughout the world, the book is concerned with looking at how value in non-Western contemporary art is constructed largely by external political events and economic factors rather than aesthetic considerations. For instance, Dubai's political risk has increased markedly with the threat of a terrorist attack in the Emirate: this has repercussions for one of the world's newest art-market hubs and will undoubtedly affect the progress of prices for Middle-Eastern and Indian art.The book also considers whether it is better to let a new art market grow organically, driven by commercial imperatives, or for the government to step in to construct a cultural and economic infrastructure within which an art market can be placed.
Written accessibly and engagingly for general readers as well as art professionals and investors, the book presents emerging art-market scenarios, often with recourse to past markets, that offer the collector, investor, speculator, observer and culturally interested individual an insight into where the new markets are and how they are likely to develop.
Dr Iain Robertson is Head of Art Business Studies at Sotheby's Institute of Art, London. He is art- market editor and feature writer for The Art Market Report and adviser to the Asia Art Archive, Hong Kong. His previous publications include Understanding International Art Markets and Management (2005) and The Art Business (2008, co-edited with Derrick Chong).
Contents: Foreword; Acknowledgements; Chapter 1: Introduction. All Change in the Art Market; Chapter 2: The East Asian democracies: Taiwan, South Korea and Japan; Chapter 3: Greater China; Chapter 4: The Persianate Zone: Iran, Iraq, Pakistan and Afghanistan; Chapter 5: Hindustan: India; Chapter 6: South East Asia: Indonesia, Thailand, Vietnam, Philippines and Malaysia; Chapter 7: The Offshore Exchanges: Hong Kong, Singapore and the United Arab Emirates; Bibliography; Index
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- ID: 9781848220195
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