Background information on scholarly communications: crisis and reform
Prepared by the Scholarly Communications Taskforce of the Association of College and Research Libraries.
The most recent data supplied by the member libraries of the Association of Research Libraries document the continuing rise of serial costs. While ARL libraries spent 2.7 times more money for serials in 1998-99 compared to 1985-86, they bought 6% fewer serial titles. Projecting the average annual rates of change into the future, the median ARL library will be paying $1,632 for a journal subscription and $107 for a monograph in 2020. Such a library will lose purchasing power, buying 16% fewer serials compared to 1986 and 54% fewer monographs.
Policy Perspectives: Co-sponsored by the Association of Research Libraries, the Association of American Universities, and the Pew Higher Education Roundtable. Special Issue, March 1998.