"Updated version of Frérot's doctoral thesis on the social, economic, and political conditions of the relatively newly formed art market in Mexico, viewed from an international perspective. Focuses on years 1970-76 (during presidency of Luis Echeverría), which were crucial in market development. Well documented, the book provides a rare look at the economics of Latin American art. Illustrated in b/w and color, with generous notes and good bibliography"--Handbook of Latin American Studies, v. 58.