Serials crisis

The term serials crisis describes the problem of rising subscription costs of serial publications, especially scholarly journals, outpacing academic institutions' library budgets and limiting their ability to meet researchers' needs. The prices of these institutional or library subscriptions have been rising much faster than inflation for several decades,[1][2] while the funds available to the libraries have remained static or have declined in real terms. As a result, academic and research libraries have regularly canceled serial subscriptions to accommodate price increases of the remaining subscriptions.[3][4] The increased prices have also led to the increased popularity of shadow libraries.[5]

  1. ^ Romaine, Stephen Bosch, Barbara Albee, and Sion. "Are We There Yet? | Periodicals Price Survey 2022". Library Journal. Archived from the original on March 10, 2023. Retrieved March 10, 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ Buranyi, Stephen (June 27, 2017). "Is the staggeringly profitable business of scientific publishing bad for science?". The Guardian. Archived from the original on September 27, 2020. Retrieved April 10, 2022.
  3. ^ White, Sonya; Creaser, Claire, Trends in Scholarly Journal Prices 2000–2006, UK: lboro, doi:10.1087/095315108X323866, S2CID 206006218.
  4. ^ Sample, Ian (April 24, 2012). "Harvard University says it can't afford journal publishers' prices". The Guardian. Archived from the original on November 29, 2019. Retrieved April 10, 2022.
  5. ^ Himmelstein, Daniel S; Romero, Ariel Rodriguez; Levernier, Jacob G; Munro, Thomas Anthony; McLaughlin, Stephen Reid; Greshake Tzovaras, Bastian; Greene, Casey S (February 9, 2018). Rodgers, Peter A (ed.). "Sci-Hub provides access to nearly all scholarly literature". eLife. 7: e32822. doi:10.7554/eLife.32822. ISSN 2050-084X. PMC 5832410. PMID 29424689.

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