Art Basel and UBS present The Art Market, an annual global art market analysis. The Art Market covers all aspects of the international market and highlights the most important developments in the previous year. Authored by Dr. Clare McAndrew, founder of Art Economics, it is an independent and objective study, analyzing the global art market by looking at its different segments such as gallery business, auction houses, changing patterns of global wealth and art collecting, art fairs, online sales, and the economic impact of the art market in general.