In United States, cultural art are thoroughly following the logic of the market economy. However, it os dependent upon tax deduction and donations to support art and its associated organizations. Since the Thatcher government, UK has shifted towards m...
In United States, cultural art are thoroughly following the logic of the market economy. However, it os dependent upon tax deduction and donations to support art and its associated organizations. Since the Thatcher government, UK has shifted towards market economy. In Germany, the public support for culture and art has been diminishing gradually. In Korean case however (Busan Metropolitan City Art Organization), there is still a heavy dependence on the support of the local government. However, the government’s capability of providing these supports in the near future is uncertain. Therefor, it is necessary to follow the global trends on this issue. The Busan Metropolitan City Art Organization needs to rely on research to understand the mechanisms followed by the developed countries to utilize the tax benefits, donations, and public support. Based on the results of this research they can make wise decisions for the future of the organization.