Buenos Aires, cultural audit of an organic city
Art Market | Veritable city-overgrowth, Buenos Aires has no European equivalent in terms of its excessive size and intense centralization of political, economic and cultural affairs. The city concentrates almost half the national PIB, generates two-thirds of the industrial PIB and financial activities while more than a third of the total national population lives in « Greater Buenos Aires ». The artistic scene reflects the city : rich, complex, and splintered. Here is the cartography of a living organism.
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MALBA
© from Design-Insider
A paradoxical economy
The economic context is marked by negative external factors : unable to pay its bills since the 2001 economic crisis, Argentina no longer has access to financial markets and can’t rely on a commercial surplus to procure dollars. This balance has only degraded since 2012 and a strict control on exchanges was put in place to stem the flow of capital out of the country.
State involvement at the embryonic stage
The lack of resources available from the state hinders the position and growth of Argentinean contemporary art, which remains a local market despite the recent passing of a law favourable to patronage. Moreover, administrative barriers limit international circulation of works, and the creation of a […]
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