For the complete article, see=20
http://www.berkeley.edu/news/berkeleyan/2007/02/14_open_access.shtml

For Berkeley's library, 'serials crisis' means shrinking access to=
 information

When the 10 UC libraries joined the Public=20
Library of Science as an institutional member in=20
2004, Beverlee French, systemwide director for=20
shared digital collections, called the move an=20
effort at "directing some of our scarce dollars=20
away from overpriced journals and toward innovation."

With budgets flat and scholarly-journal prices=20
rising far faster than inflation, however, what's=20
known as the "serials crisis" remains a pressing=20
problem here at Berkeley and at universities and=20
research institutions throughout the nation.=20
Chuck Eckman, associate University Librarian and=20
director of collections at Berkeley, warns that=20
without increases to its budget, the campus=20
library faces a shortfall of roughly $1.4 million=20
in 2008 =AD with a commensurate reduction in=20
journal, book, and digital-resource acquisitions=20
=AD and a still-larger deficit in 2009.

"There's normal inflation and excessive=20
inflation," Eckman says, referring to=20
skyrocketing prices for serial journals.=20
According to the Association for Research=20
Libraries, serials costs jumped 226 percent=20
between 1986 and 2000, a period when the Consumer=20
Price Index rose by 57 percent.

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