A New Art from Emerging Markets - Softcover

Robertson, Iain

Softcover

ISBN 10: 1848220197 ISBN 13: 9781848220195

Publisher: Lund Humphries, 2011

Synopsis

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.

About this title

About the Author

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).

Review

'An intelligently written book, with a clearly articulated argument based on the tensions between tradition and modernity...highly recommended.' --Cassone

Edition details

• Publisher: Lund Humphries
• Publication date: 2011
• ISBN 10: 1848220197
• ISBN 13: 9781848220195
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 208