Abstract

The contemporary art system in Brazil has recently undergone a highly positive period, attaining greater visibility and dynamism and allowing for substantial expansion and internationalization. In this process, the active development of the market and the interests that were mobilized by its agents (artists, gallerists and collectors) have seemingly been decisive. At present the national context is not as favourable seeing as the increased political instability and the stagnation of the economy have exerted an adverse effect on the sphere of culture. There are clear signs of retraction in public and private investment in the contemporary art domain, and on the other hand, the processes of internationalization of production and of the market seem to be advancing at a steady rate. In order to understand the impact of recent changes on the (re)configuration of the art system in Brazil, this article will pick up and expand on the research data that points toward a significant imbalance between the sphere of production, the market and institutions. KEYWORDS: contemporary art system, market, internationalization

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