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Christophe Spaenjers

Set of financial methods, instruments, and business models that are used in the Art market. Important developments since the 1960s include the spreading availability and use of art price information and price indexes (see Art index), the emergence of loans collateralized by artworks, repeated efforts to create art investment structures, and a strong growth in art market advisory services provided by wealth managers and new entrepreneurs (...

Article

Since the 1980s art markets have developed rapidly outside of Europe and the USA. In the so-called BRIC countries (Brazil, Russia, India, and China) this development has been particularly dynamic. With aggregate sales estimated at €11.5 billion, China is the second largest market for art and antiques in the world after the USA (McAndrew ...

Article

Joseph R. Givens

Iranian photographer, curator, and art dealer, active in the USA. Shafrazi introduced graffiti to the mainstream art market and contributed to the contemporary art boom of the 1980s. Raised in Abadan, a small port town that experienced an oil boom in the post-war years, Shafrazi was fascinated by Western popular culture and art. He moved to England in ...