Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates

How has COVID-19 affected the global art market? This virus interrupted 2020 in unforeseen ways globally, including the cancellation of the most important art events of the year. Through a close chronological study of the Emirati art scene’s response, both in commercial and noncommercial venues, thi...

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Main Author: Eve Grinstead
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Arts
Subjects:
Online Access:https://www.mdpi.com/2076-0752/10/3/59
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author Eve Grinstead
author_facet Eve Grinstead
author_sort Eve Grinstead
collection DOAJ
description How has COVID-19 affected the global art market? This virus interrupted 2020 in unforeseen ways globally, including the cancellation of the most important art events of the year. Through a close chronological study of the Emirati art scene’s response, both in commercial and noncommercial venues, this essay explains how, and why, the UAE’s art scene was able to react quickly and perhaps more effectively than that of other nations, and what that means for its future. Based on fieldwork and press articles, this article posits that the Emirati art scene evolved from being virtually non-existent to a thriving contemporary art hub in a matter of decades because it has always had to adapt to challenges such as nonexistent art infrastructure or the 2008 financial crisis. By studying the UAE, we find examples of exhibitions that quickly moved from being in situ to online, a rare instance of galleries and art auction house collaborating, government and institutional structures stepping up to support artists and galleries, and the renaissance of Art Dubai taking place in person in 2021 after being abruptly cancelled in 2020. This knowledge provides insight into how the global art market is changing to face the consequences of COVID-19.
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spelling doaj.art-06a62e88b62d40c39b2f479518d4d0f92023-11-22T11:58:27ZengMDPI AGArts2076-07522021-08-011035910.3390/arts10030059Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab EmiratesEve Grinstead0École Normale Supérieure (Ulm), Université Paris Sciences Lettres (PSL), ED 540—École Doctorale Lettres, Arts, Sciences Humaines et Sociales, L’Institut d’histoire Moderne et Contemporaine (IHMC), UMR 8066, 75005 Paris, FranceHow has COVID-19 affected the global art market? This virus interrupted 2020 in unforeseen ways globally, including the cancellation of the most important art events of the year. Through a close chronological study of the Emirati art scene’s response, both in commercial and noncommercial venues, this essay explains how, and why, the UAE’s art scene was able to react quickly and perhaps more effectively than that of other nations, and what that means for its future. Based on fieldwork and press articles, this article posits that the Emirati art scene evolved from being virtually non-existent to a thriving contemporary art hub in a matter of decades because it has always had to adapt to challenges such as nonexistent art infrastructure or the 2008 financial crisis. By studying the UAE, we find examples of exhibitions that quickly moved from being in situ to online, a rare instance of galleries and art auction house collaborating, government and institutional structures stepping up to support artists and galleries, and the renaissance of Art Dubai taking place in person in 2021 after being abruptly cancelled in 2020. This knowledge provides insight into how the global art market is changing to face the consequences of COVID-19.https://www.mdpi.com/2076-0752/10/3/59United Arab Emirates (UAE)Art DubaiAlserkal AvenueSotheby’s Dubaivirtual exhibitionsAbu Dhabi Art
spellingShingle Eve Grinstead
Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates
Arts
United Arab Emirates (UAE)
Art Dubai
Alserkal Avenue
Sotheby’s Dubai
virtual exhibitions
Abu Dhabi Art
title Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates
title_full Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates
title_fullStr Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates
title_full_unstemmed Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates
title_short Global Art Market in the Aftermath of COVID-19: A Case Study on the United Arab Emirates
title_sort global art market in the aftermath of covid 19 a case study on the united arab emirates
topic United Arab Emirates (UAE)
Art Dubai
Alserkal Avenue
Sotheby’s Dubai
virtual exhibitions
Abu Dhabi Art
url https://www.mdpi.com/2076-0752/10/3/59
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