GLOBAL MANAGEMENT STRATEGIES IN THE UKRAINIAN ART MARKET BASED ON GLOBAL INSIGHTS

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Date

2025

Authors

Diukariev, Tymofii

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Abstract

The Ukrainian art market is a unique example of how markets can develop. It has much potential but is also tricky because the rules and insufficient information are unclear. This research examines how the art market management rules can be changed to address these problems. Various methods are used to determine what stops the market from growing. The study interviews and examines important people in the art world and uses additional markets to determine what can be done. The research concludes with a comprehensive framework for market development, proposing specific regulatory reforms, financial innovations, and educational initiatives. These recommendations emphasize the importance of aligning with international standards while preserving Ukraine's unique cultural heritage. Key proposed interventions include the modernization of cultural legislation, the establishment of professional certification systems, the introduction of tax incentives for art purchases, and the development of specialized art financing instruments. This study contributes to academic discourse on emerging art markets and provides practical guidance for stakeholders seeking to enhance the global competitiveness of the Ukrainian art market.

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Keywords

Ukrainian art market, market development, cultural policy, art market transparency, emerging markets

Citation

Diukariev, T. (2025). GLOBAL MANAGEMENT STRATEGIES IN THE UKRAINIAN ART MARKET BASED ON GLOBAL INSIGHTS. Kyiv: American University Kyiv.