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Arts & Communication Contemporary art from the Global South
their work. The emergence of new galleries and cultural Consent for publication
institutions in the Global South, however, is beginning
to change this. These institutions provide a platform for Not applicable.
emerging artists to showcase their work and connect with art Availability of data
world professionals. This more diverse range of venues makes
the art world ecology more diverse and, in time, will succeed Refer to Appendix 1.
in allowing more artists to find international market success. Further disclosure
The expansion of emerging artists from the Global
South is also transforming the global art market. Art An early version of this paper was previously presented at
fairs and auction houses are incorporating more artists the conference “Global Transformation: Impact on Cities”
from these regions into their events, giving them greater held on January 9, 2023, at Universitas Tarumanagara
visibility and helping to diversify the art world. In addition, (UNTAR), Jakarta, Indonesia.
the growth of the art market in the Global South is creating References
new opportunities for collectors, curators, and other art
world professionals. 1. Lind M, Velthuis O, Curioni SB, editors. Contemporary Art
and its Commercial Markets. Berlin: Sternberg Press; 2012.
As we move forward, it will be important to continue
to follow the evolution of these sales results, determining 2. Velthuis O, Curioni SB, editors. Cosmopolitan Canvases:
which artists are achieving unprecedented increases in value The Globalization of Markets for Contemporary Art. Oxford:
and analyzing the emerging galleries and art fairs located in Oxford University Press; 2015.
the Global South more deeply. The inclusion of emerging 3. Duarte A, Pérez-Ibánez M, editiors. The Art Market and the
artists from the Global South is an ongoing process that Global South. Leiden, Germany, Boston: Mass, Brill.
requires the support of various stakeholders in the art world. 4. Baia Curioni S, Forte L, Leone L. Making visible: Artists and
By acknowledging the importance of these artists and their galleries in the global art system. In: Velthuis O, Curioni B,
contributions to the global art market, we can help to create editors. Cosmopolitan Canvases. Oxford: Oxford University
a more equitable and diverse cultural landscape. Press ; 2015. p. 55-56.
Acknowledgments 5. Velthuis O. Introduction: Contemporary art between stasis
and flux. In: Lind M, Curioni B, editors. Contemporary Art
The authors would like to thank the Urban Planning and and its Commercial Markets. London: Sternberg Press; 2012.
Real Estate Department of Universitas Tarumanagara, p. 35-36.
Jakarta, where an early version of this paper was presented 6. Horowitz N. Internet and commerce. In: Lind M, Velthuis
in January 2023. O, Curioni B, editors. Contemporary Art and its Commercial
Markets. London: Sternberg Press; 2012. p. 91.
Funding
7. White HC, White CA. Canvases and Careers: Institutional
Funding for research was provided by the Faculty Change in the French Painting World. New York: Wiley;
Development Fund of the University of San Francisco. 1965.
Conflict of interest 8. Becker HS. Art Worlds. Berkeley: University of California
Press; 1982.
The authors declare that they have no competing interests. 9. Moulin R. Le Marché de la Peinture en France. Paris: Minuit;
Victoria Mouraux Durand-Ruel did a summer internship 1967.
at the auction house Philips (New York) in the summer 10. Graw I. High Price: Art between the Market and Celebrity
of 2023 after the research and most of the writing for the Culture. Berlin: Sternberg Press; 2009. p. 123.
paper was completed.
11. Archer A. Materialising markets: The agency of auctions in
Author contributions emergent art genres in the global south. Arts. 2020;9:106.
Conceptualization: All authors doi: 10.3390/arts9040106
Writing – original draft: All authors 12. McAndrew C. The Art Market 2021. An Art Basel and UBS
Writing – review and editing: All authors Report. Basel: Art Basel and UBS; 2022.
Ethics approval and consent to participate 13. Curioni SB, Pierazzini ME, Forti L. Philosophic money. The
contemporary art system as a market and cultural agent.
Not applicable. Arts, 9:110.
Volume 2 Issue 1 (2024) 15 https://doi.org/10.36922/ac.1608

