Title: The Contemporary Istanbul Art Fair and the Internationalization of Art Market in Turkey
Abstract: This chapter discusses the extent to which the Turkish art market has been internationalized by focusing on the case of the Contemporary Istanbul Art Fair, the major art market event in the country. We examine this case as an instance of a broader phenomenon: the internationalization of art markets in emerging economies and their contribution to the global art market. The data we draw upon mainly comes from two sources: annual catalogs providing information on artists and galleries participating in the event and the artworks exhibited, along with annual activity reports of the organization that mostly provides statistical information on the event in different aspects. Utilizing the data and the available secondary literature, we organize our discussion on internationalization around three analytical aspects: galleries and dealers, visitors and collectors, and artists and artworks. Overall, we suggest that the Contemporary Istanbul Art Fair has gained considerable ground in becoming an international art event by carving out a niche for itself in the global art scene even though its status in terms of reputation and commercial size is not analogous to the art fairs that constitute the center of the global art market.
Publication Year: 2023
Publication Date: 2023-08-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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