e-journal
The economic crisis and its effect on libraries
Purpose – The purpose of this paper is to examine the recent recession in the USA and its impact on
libraries. It illustrates how libraries are coping with the fiscal constraints and challenges this economic
climate imposes. It seeks to provide timely feedback and best practices from librarians and
administrators (mostly academic) regarding measures they are taking and their plans for the future.
Design/methodology/approach – The literature review reveals news regarding library budget cuts
and their impact on collections, operations, and personnel. Two online surveys were conducted, one of the
library community at large, the other of the Association of Research Libraries (ARL) deans and directors.
Findings – A majority of the libraries have experienced flat or reduced budgets and many expect
additional budget cuts in the immediate future. Key areas affected include collections/materials,
professional development/travel, supplies/equipment, personnel and hours of operation. Survey
respondents suggest that library administrators and librarians should examine workflow to increase
efficiency, prioritize projects, and adopt creative measures.
Practical implications – This article provides informative and practical suggestions for those
managing budgets in difficult economic times.
Originality/value – Data collected provide a snapshot of the financial constraints libraries currently
face. It provides practical lessons and suggestions for library administrators and librarians seeking to
cope with flat or reduced budgets while maintaining quality services.
Keywords Academic libraries, Budgets, Economics, United States of America
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