Discussion of the decline in the purchasing power of academic libraries' acquisitions budgets focuses on why and how the acquisitions budget should be integrated into the broader library and institutional budgeting and planning process to help manage the costs of scholarly communication. Highlights include collection development and remodeling the…

Describes problems facing academic libraries today concerning the amount of literature and information available, costs, copyright issues affecting ownership, and technological changes. Strategies for dealing with diminishing funds and increasing information resources are suggested, and activities at the Association of Research Libraries (ARL)…