Economics
Eight leading market figures on what the next recession will mean for the art world
In 2001 they predicted that some areas such as the Old Master market will remain stable but that trendy art would lose its zip
Interview with economist William N. Goetzmann: 'The financial and the art markets do not crash at the same time'
In 2001, the Yale professor attributed the one- to two-year lag between crashes to the time it takes to liquidate assets
Greek art market in crisis due to weak and badly enforced laws and taxes
Very little support for the art scene from the tax system and, as in Germany, an outdated distinction between “original” works of art, subject to 9% VAT, and multiples (prints, digital works, photography etc), subject to 19%
In their need to raise sponsorship, are US museums risking the loss of their intellectual freedom?
We look beyond the Brooklyn Museum's Sensation exhibition into a troubling trend emerging across the sector
Concentration of arts sponsorship in London causes other UK regions to lose out
Unevenness comes to light, as survey finds that almost 50% of the UK total was directed towards London
Greater China resists the economic flu
In market competition between Hong Kong, Shanghai, Taipei and Singapore, Hong Kong still comes top, with Taiwan second
A strong local identity in the LA market
Twentieth-century design, Western and Latin American art, movie memorabilia and jewellery dominate the auctions
The aspirations of Chris Smith, new Labour Secretary of State for National Heritage
Smith hopes for Britain to rejoin UNESCO, aiming divert Lottery funds to health and education
Germany leads the way as Europe sees increased sponsorship of the arts
Record giving approached £1bn across the continent
German art heavyweights including Hans Haacke and Rosemarie Trockel sign document rejecting corporate sponsorship
If the State relinquishes its responsibility for funding culture, art will be restricted by private patronage, the letter argues
Spanish to bring in laws that smooth the path for art sponsorship
Tax mandates pertaining to the acquisition of art will be eased for both donors and foundations
Has the recession spelled the end of arts sponsorships by French companies, or just wiser spending?
Admical offers a number of explanations as to why figures have declined
The mechanics of sponsorship: an interview with one of the UK's biggest exhibition sponsors
James Joll of the international media giant Pearson plc explains the who, what, why and quid pro quo of corporate involvement in the arts
French Culture Minister proposes amendment to art sponsorship policy in attempt to attract investors
France looks to Britain for models to increase private funding for the arts
Holland’s code policing the sponsorship of cultural activities
The code was devised as a response to the normalisation of corporate funding, which could cause an uneven distribution of aid based on changing tastes
New Czech tax law to encourage private sponsorship for the arts
Tax will now be deductible for donations, but will a 2% relief be enough to make funding art worthwhile?
Trends in Old Master drawings over the last twelve years analysed by Professor Victor Ginsburgh and Nicholas Schwed of Brussels University, who apply a new methodology
Of course every work of art is unique—but enter the technique of “hedonic regression”
Is the French art market subject to enough regulation?
A recent symposium at the Crédit Municipal examined ways in which the market could be improved
A guide to bad times: why the market downturn is good news for true collectors
We observed that while the market was feeling fragile during the 1991 slump, fortunes have a way of turning around
Spain debates new legislation that attempts to induce sponsorship of the arts with tax cuts
If the law is passed, sponsors will be granted legal provisions so they might better circumvent obstacles that complicate art funding
Business Committee for the Arts survey suggests that US recession will not reduce art sponsorship
Corporations' trust in art as a tool for generating publicity has not wavered