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Support Mechanisms for Museums in the Economic Crisis (the Example of Major Museums of Europe and Russia)

Author

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  • Muzychuk, V.

    (Institute of Economics of RAS, Moscow, Russia
    The State Institute for the Arts Research, Moscow, Russia)

  • Khaunina, E.

    (The State Institute for the Arts Research, Moscow, Russia
    Institute of Economics of RAS, Moscow, Russia)

Abstract

The authors analyze the mechanisms of financial support for major European and Russian museums in the economic crisis. The key performance indicators of the largest museum institutions in Europe and Russia (the Louvre, the Prado Museum, the British Museum, the Hermitage, the Tretyakov Gallery and Moscow Kremlin Museums) are analyzed. The main trends and patterns in the formation of financial resources of museums in a changing economic environment are considered.

Suggested Citation

  • Muzychuk, V. & Khaunina, E., 2015. "Support Mechanisms for Museums in the Economic Crisis (the Example of Major Museums of Europe and Russia)," Journal of the New Economic Association, New Economic Association, vol. 25(1), pages 132-161.
    • Handle: RePEc:nea:journl:y:2015:i:25:p:132-161
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    References listed on IDEAS

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    More about this item

    Keywords

    cultural economics; public support for the arts and culture; the economics of museums; museum activities; subsidies; fundraising; charitable donations;
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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