Compare and contrast the structure and recent performances of the UK Art Market with that of the French Art Market: especially in the Fine Art Sector -- 2
Budget: £20 – £250 GBP
4,000 words on this problematic/ subject (Intro, 2 parts or 3, Conclusion):
Comparisons and contrasts of the structure and recent performances of the UK Art Market with that of the French Art Market: especially in the Fine Art Sector.
Intro
Recent Context: from 1970.
Important period of evolution in the art market industry (internationally), the end of the ‘trente glorieuses’ in France and to some extend period of economic expansionism and intellectual optimism in the United Kingdom
(But economical crisis at the end of the decade).
Divergence of political systems: Socialism in France and Capitalism in the UK: does these have an impact on the Art industry?
Another crisis - 2009: inflection, linked to the understandable loss of speed in the High-end market
The rise of the internet: global art market, twentieth-first century
Covid 2020: From the first lockdown, many great collectors prefer to postpone their sales (Degree of impact in each nation)
First Part
Comparison of both Art market structures (arrangement, system, framework, configuration).
Difference of jurisdiction, national laws: Common Law (set precedents) VS Civil French Law (more codified), which means that they are different regulations, enforcements in the art market industry.
More recently, Brexit in the UK, how will it affect the UK performances.
The international framework of the European Union (set precedence over national laws) is now banned in the UK but will remain in France, what does it entail?
UK is a signatory member of the Hague Convention only from 2017 while in 1993 in France: what are the reasons?
Difference of National patrimony laws? Treasure Act in the Uk and
Second Part
Comparison of Art market performances (achievements, what works, conduct, realisations, reports)
They are both occidental markets; how the UK art market has became better implemented and influent.
(Look into reports from Art Tactic, Art Price France and UK…)
The auction market in France was still strong internationally until 2002, the point at which Christies' and Sotheby's auction houses entered the arena and relegated Paris to a fourth tier art market behind NY, London and HK.
What are the performances globally and according to the different sectors: Contemporary art market sector, Post-Modernism, Modernism, Old Masters…
Eg: for the sector of paintings and drawings, France represents only 5.6% of the total world sharing market which is therefore positioning far behind Great Britain, whose market shares reached 28.75%
What are the differences relating to each nation between primary markets (galleries, artist studio) and secondary markets (re-sale, private dealer transaction/ auction)
eg: in 2020, shares of the global sales, occident cutting up: France: 5% // UK: 15%
Conclusion
Comparisons and contrasts of the structure and recent performances of the UK Art Market with that of the French Art Market: especially in the Fine Art Sector.
Intro
Recent Context: from 1970.
Important period of evolution in the art market industry (internationally), the end of the ‘trente glorieuses’ in France and to some extend period of economic expansionism and intellectual optimism in the United Kingdom
(But economical crisis at the end of the decade).
Divergence of political systems: Socialism in France and Capitalism in the UK: does these have an impact on the Art industry?
Another crisis - 2009: inflection, linked to the understandable loss of speed in the High-end market
The rise of the internet: global art market, twentieth-first century
Covid 2020: From the first lockdown, many great collectors prefer to postpone their sales (Degree of impact in each nation)
First Part
Comparison of both Art market structures (arrangement, system, framework, configuration).
Difference of jurisdiction, national laws: Common Law (set precedents) VS Civil French Law (more codified), which means that they are different regulations, enforcements in the art market industry.
More recently, Brexit in the UK, how will it affect the UK performances.
The international framework of the European Union (set precedence over national laws) is now banned in the UK but will remain in France, what does it entail?
UK is a signatory member of the Hague Convention only from 2017 while in 1993 in France: what are the reasons?
Difference of National patrimony laws? Treasure Act in the Uk and
Second Part
Comparison of Art market performances (achievements, what works, conduct, realisations, reports)
They are both occidental markets; how the UK art market has became better implemented and influent.
(Look into reports from Art Tactic, Art Price France and UK…)
The auction market in France was still strong internationally until 2002, the point at which Christies' and Sotheby's auction houses entered the arena and relegated Paris to a fourth tier art market behind NY, London and HK.
What are the performances globally and according to the different sectors: Contemporary art market sector, Post-Modernism, Modernism, Old Masters…
Eg: for the sector of paintings and drawings, France represents only 5.6% of the total world sharing market which is therefore positioning far behind Great Britain, whose market shares reached 28.75%
What are the differences relating to each nation between primary markets (galleries, artist studio) and secondary markets (re-sale, private dealer transaction/ auction)
eg: in 2020, shares of the global sales, occident cutting up: France: 5% // UK: 15%
Conclusion