Economics
Economically tough times lead to backroom deals and distress selling
Now that auction houses are no longer offering guarantees, an increasing number of purchases are likely to take placeas discreet transactions brokered by art dealers
Financial crisis scuppers Moscow World Fine Art Fair
Exhibitors fear that collectors will no longer make high-price purchases
US collectors are driving hard bargains in what has become a buyer’s market
In an economic downturn, collectors are calling the shots
Tough times in the art market may create new opportunities
The current drop in activity may be healthy for the sustainability of the future art market
A look at the ethical and economic problems underlying museum acquisitions
Museums should beware of being used as marketing tools by collectors
Art Basel Miami Beach '07: Promising sales on Day 1 a reflection of firm market
Concerns about the impact of the tumultuous economy seem unwarranted as buyers crowd Basel
Dave Hickey: 'If you want to be an icon of virtue, this is the moment because you’ll stand out'
The outspoken cultural critic and art historian shared his thoughts on the market during a talk at Frieze art fair in 2007—here is the transcript
Mortgage crisis and resulting stock market plunge be damned—the party isn’t over yet
In 2007 we noted that strong sales at auction and fairs and more money coming from Russia, Indian and Chinese collectors indicated that confidence in art remained strong
UBS to continue Art Basel sponsorship
In the throes of crisis, bank states that it will not withdraw its agreement to support Art Basel
Swiss bank UBS used Art Basel Miami Beach to entice Americans in tax avoidance scheme
Former employee who facilitated the use of offshore accounts sentenced this month for “conspiracy to defraud” US and Internal Revenue Service
Comment: if the hedge funders ditch art, new buyers will emerge
In 2007 the economist James Sproule examined the risks facing the market—and the good news was it was not all doom and gloom
It’s definitely a bubble, but when it will burst is anybody’s guess
The veteran dealer Richard Feigen on the state of the art market in 2007
The problem with art advisers
In 2007 we observed that while most are seen as opportunistic shoppers, some are as knowledgeable as museum curators
Comment: why an art market clean-up would be a clear-out
In 2007 the creative industries consultant noted that the “insider” aspect of the contemporary art market and hierarchy of knowledge and status that it creates was a significant part of its attraction
Is the art market in a boom or bubble?
Our art market editor assesses the current rise in spending
Increased Chinese involvement at Art Basel is proof of China's contemporary art market expanding
Influential forces in the Western art world are courting potential Chinese buyers, but this market is far from mature
Future of US museum sponsorship in question after split of tobacco giant Altria
The Whitney and the Brooklyn Museum could lose annual grants from the conglomerate, which gave $300m to charitable organisations over the past five years
The value of art: Economics alone do not explain painting’s revival
The medium always renews itself, especially when collectors feel prosperous
The Forbes rich list: More billionaires than ever before
And many of them are huge art collectors
Comment: droit de suite in the EU is bad for all art markets—and the artists it is meant to help
The British Art Market Federation chairman on Artists' Resale Right representing a serious challenge to market competitiveness in 2005
Droit de suite is pushing art sales away from Europe
New report concludes that the levy mainly benefits artists’ estates
China opens doors to foreign auction houses
What does this mean for auction houses and the growing number of buyers?
Auction sales of art shrank again in 2003
Figures show between 1.2% and 17% decline in turnover
The Giacometti Foundation becomes a reality at long last, but lawsuits brought against the Association wear on
In accordance with the president of the Foundation's emphasis on turning over a new leaf, none of the Association's members have been elected to the board
The globalisation of the art market, the rise of mega galleries and proliferation of art fairs is putting strain on young artists, even while they reap the rewards
The market today requires that young artists have global representation, but unless they embrace Warholesque production techniques few can keep pace with the demand this entails
Art & Business organisation report decline in British exhibition sponsorship
The 2001-2 recordings reflect struggling economy, registering a drop in art sponsorship since the millennium
Diary of a London dealer, Nicholas Logsdail: “I think I changed the landscape”
Why the art market is holding up as stock exchanges plunge, and why there are 10 times more collectors than in 1990
Places categorised as UNESCO's World Heritage Sites are subject to immense tourism: what is the effect?
As Unesco celebrates the 30th anniversary of the World Heritage Convention, this book analyses the effects of its policies in developing countries