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INTERNATIONAL ART–MARKET: PROBLEMS AND PERSPECTIVES OF DEVELOPMENT OF FOREIGN ART–BUSINESS IN RUSSIA

Abstract

The article assesses the development of the international art market as a new segment of the modern economy. The principles of functioning of the international  art  market  from  the  point  of  view  of  its  geography  and segment, also show the trend observed in this area in recent years. The authors attempt to highlight the problems and show promising directions of development of foreign art-business in Russia.

About the Authors

M. V. Milonova
Plekhanov Russian University of Economics
Russian Federation

PhD, Associate Professor of the Department of International and Customs Business.

36 Stremyanny Lane, Moscow, 117997



E. A. Kolchina
Plekhanov Russian University of Economics
Russian Federation

PhD, Associate Professor of the Department of International and Customs Business.

36 Stremyanny Lane, Moscow, 117997



D. D. Gorelik
Plekhanov Russian University of Economics
Russian Federation

Master of Economics.

36 Stremyanny Lane, Moscow, 117997



References

1. Grav I. Vysokaya tsena: iskusstvo mezhdu rynkom i kul'turoy znamenitosti [High Price: Art between the Market and the Culture of a Celebrity]. Moscow, Ad Marginem Press , 2016. (Garage pro). (In Russ.).

2. Kolchina E. A., Milonova M. V., Margaryan S. Sh. Elektronnaya kommertsiya v Rossii: sovremennoe sostoyanie i perspektivy razvitiya [Electronic Commerce in Russia: Current State and Prospects of Development] Sovremennaya nauka: aktual'nye problemy teorii i praktiki [Modern Science: Current Problems of the Theory and Practice]. Мoscow, Plekhanov Russian Univercity of Economics, 2016. (In Russ.).

3. Milonova M. V., Arbatov D. K. Elektronnaya kommertsiya v Rossii: nekotorye problemy i puti ikh resheniya [Electronic Commerce in Russia: Some Problems and Ways of Their Decision], Mezhdunarodnaya torgovlya i torgovaya politika, 2015, No. (3), pp. 100-111. (In Russ.).

4. Mikhlin A. V. Art-indeksy: korrelyatsiya tsen na predmety iskusstva s tsenami drugikh aktivov i nekotorye effekty art-rynka [Art Indexes: Correlation of the Prices of Objects of Art with the Prices of Other Assets and Some Effects of the Art Market] Imushchestvennye otnosheniya v Rossiyskoy Federatsii, 2014, No. 4, pp. 83–90. (In Russ.).

5. A market Yet to Awaken? The Hiscox Online Art Trade Report 2017. Available at: http://www.widewalls.ch/hiscox-online-art-trade-report-2017/

6. McAndrew C. The Art Market 2017. Art Basel and UBS Report. Art Basel & UBS, 2017, pp. 16, 44.

7. Pownell R. TEFAF Art Market Report 2017. The European Fine Art Foundation, 2017, p. 38.


Review

For citations:


Milonova M.V., Kolchina E.A., Gorelik D.D. INTERNATIONAL ART–MARKET: PROBLEMS AND PERSPECTIVES OF DEVELOPMENT OF FOREIGN ART–BUSINESS IN RUSSIA. International Trade and Trade Policy. 2017;(3):95-108. (In Russ.)

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ISSN 2410-7395 (Print)
ISSN 2414-4649 (Online)