Overview

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.

Full Product Details

9781848220195

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Reviews

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

'An intelligently written book, with a clearly articulated argument based on the tensions between tradition and modernity ... highly recommended.' Cassone 'Iain Robertson's third book [...] is by far his best book yet. It is [...] very well timed - unusual for art market books that often seem to be published after the event - as the Western art world begins to consider the implications and cultural influence of other continents. The book is comprehensive [...]. Descriptions are very visually arresting [...] and there are interesting cultural details throughout.' The Art Newspaper 'Robertson's book remains easy to read despite the fragmented structure connected to the need to sum up in a short volume a significant density of data and information; the annex is a rich source of notes and bibliographical references that would certainly ease any further analysis. Art students, collectors and investors alike would benefit from the long-term approach of the analysis, aiming at addressing the fundamental drivers of a recent but deeply rooted phenomenon.' Arts of Asia

Author Information

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 and to Hana Bank, South Korea and Deloitte, Luxembourg. Founder member of Professional Advisors to the International Art Market (PAIAM), his previous publications include Understanding International Art Markets and Management (2005) and The Art Business (2008, co-edited with Derrick Chong).

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