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ARTE FAIR/CONFERENCE on the modern and contemporary art market in Italy

Conference in Bologna today 30 January at 11.30 (until 13.00 pm) – Sala Bolero, Block B – 1st floor – Service Center (Constitution entrance, Arte Fiera, Bologna) on “The modern and contemporary art market - Italy in the European and global scenario"

ARTE FAIR/CONFERENCE on the modern and contemporary art market in Italy

Art is a cultural and economic resource at the same time, to which is associated an induced activity that could occupy a role of great importance for the Italian economy: (it is estimated that in 2014 the sector generated 2.8 million jobs in international level), but which is not exploited and valued in Italy as is the case in other countries. In the face of a constantly growing global turnover (estimated by the Tefaf Art Market Report 2015 at around 51 billion euros), the market in Italy is not growing and the operators in the sector suffer due to the heavy regulatory limitations and discretionary action administration that has no equal at European level.

The enhancement of art, especially in the modern and contemporary sector, must necessarily pass through the international circulation of the works, in order to favor first of all their public use and awareness, as well as the study by critics and the consequent quotations on the market . Just think of how the international trade of the French impressionists has contributed to making their works a universal heritage.

In Italy, however, the circulation (and therefore the market) of works of art are severely limited by excessively rigid, outdated legislation and by "Byzantine" and cumbersome bureaucratic-administrative processes.

These limitations, in addition to severely limiting the market, debase the valorisation of the works of the many collectors who avoid lending them on the occasion of exhibitions and cultural events - national and international - to avoid submitting them to the attention of the Mibact, with the consequence of limiting the usability of these works to the public. At the same time, numerous galleries and operators in the sector close and, at best, move abroad, where the conditions for conducting business in the art sector are more favourable, with consequent economic repercussions on all related industries which , among restorers, transporters, art advisors etc., could offer a significant number of jobs.

To date, the real consequences are the flooding of the administrative courts which are saturated with pending lawsuits with permanent conflict between the citizen/business and the PA. This workshop aims to be a moment of discussion, together with the main stakeholders, to address the legislative problems still open, in the light of the European and international scenario, in line with the objective of enhancing and promoting our artistic heritage.

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