Art | Basel 45 : Where is Contemporary Art Heading?

Art Basel stages the world's premier Modern and contemporary art shows, held annually in Basel, Miami Beach, and Hong Kong. Founded by gallerists in 1970, Art Basel has been a driving force in supporting the role that galleries play in the nurturing of artists, and the development and promotion of visual arts globally.

HISTORY AND ROLE OF ART BASEL

In 1970, a few Basel gallerists put their passion and determination behind an ambitious vision, and now, over forty five years later, Art Basel is recognized as the premier international art show, providing a platform for artists and gallerists from around the world. The dynamic relationships between art galleries, their artists, private collectors and public institutions play an essential role in today's artworld, and connecting the international art community has been Art Basel's goal since its beginning. Three annual shows bring the artworld together in some of the world's most exciting venues: Basel, in the heart of Europe; Miami Beach at the nexus of North and South America; and Hong Kong, the gateway to Asia.

THE PEOPLE AT ART BASEL

Some of the most prominent and respected figures in the international artworld have shared their knowledge, ideas and expertise during Art Basel's Salon and Conversations Series. Behind Art Basel stands a team of individuals with a range and depth of experience in the artworld and related disciplines. Each member channels his or her expertise into making Art Basel shows the most prestigious platform for artists, gallerists, and collectors.

Brazil at 60% and China at 30% Data shows that there is a correlation of artists who gets approved for Art Basel with their successful placement to do art shows at galleries and museums Art now seen to be a catalyst for the tourism drive evident by the increase in businesses in Miami because of Art Basel Miami

A significant factor discouraging art economics would be tax rates on art sales: Brazil at 60% and China at 30% Data shows that there is a correlation of artists who gets approved for Art Basel with their successful placement to do art shows at galleries and museums Art now seen to be a catalyst for the tourism drive evident by the increase in businesses in Miami because of Art Basel Miami
The auctions in China is still predominantly show casing classical art but they are increasingly receptive in accepting contemporary art Many organisations now offer art residency: Foundation Gallerie Lafayatte in Paris, Google Paris Residency and The Land in Thailand Other art fairs are gaining momentum: Art Bienniel Manifesta II (2016) in Zurich that offers grants for international young artists aged 25 – 40 Why Zurich? Global culture and; where money is, art gets support

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