Sunday, January 29, 2012

Cultural Security News (Jan. 22 - Jan. 28)

Western Returns and Eastern Advances
Detail of the stolen Pissarro.From a traditional standpoint, the return of a stolen Pissarro from the U.S. to France proved significant as news in cultural security in the past week. Also, agreements between the Princeton University Art Museum and Italy and between the U.S. and Cyprus reflected a continuing trend of returning cultural property to regions of origin. In the East, on the other hand, cultural security manifested as economic advancement and financial investment. Sarah Thornton's "Seven Days in the Art World" has been published in Arabic, the reported purchase of a Chinese vase for $83 million reflected a continued appetite for art by new wealth in China, and the market for contemporary art in India burgeons. The story of a priest caught looting in Greece lies somewhere in the middle of the east-west phenomena.
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