Understanding Art Markets: Inside the world of art and business

Book Details

• Publisher: Taylor & Francis Ltd

• Author: Iain Robertson

• Language: English

• Edition: 1st Edition

• ISBN: 9780415811125

• Pages: 388

• Cover: Paperback

• Illustrations: 54 black & white illustrations, 38 black

About The Book

The global art market, valued at close to $50 billion, has seen a remarkable rise of over 60% since the global financial crisis. This surge is driven by increasing demand from emerging markets such as China, as well as the growing trend of artists bypassing traditional dealers to assert themselves as market forces in their own right.

This updated textbook seamlessly integrates and enhances two well-regarded texts: Understanding International Arts Markets and The Art Business. Topics covered include the emergence of art markets in China, East Asia, South East Asia, Brazil, Russia, Islamic nations, and India. Additionally, the book delves into art valuation, investment strategies, and the role of museums and the cultural sector in the global art economy.

Designed as essential reading for students in fields like arts management, arts marketing, arts business, cultural economics, and sociology of the arts, this revitalized textbook serves as a comprehensive guide to understanding the complexities of the modern art market. Whether you are a student, an aspiring professional, or simply an art enthusiast, this book provides invaluable insights into the forces shaping the art world today.