Tuesday, July 23, 2013
Qatar and Other Newly Rich Countries Change Market Dynamics
One of the presumptions behind the Convention on Cultural Property Implementation Act is that import restrictions on cultural goods will slacken demand and thereby disincentiveize looting. But isn't this presumption open to question now that collectors in other countries like Qatar have gone on buying sprees? This article focuses on modern art, but it's also well known the Gulf Arabs also have a taste for high quality antiquities.