Private philanthropy and academic libraries in the first decade of the twenty-first century


The first decade of the twenty-first century proved to be a roller-coaster ride for academic libraries. With a moderate recession at the beginning of the decade and the implosion of the dot-com bubble, the economy recuperated, only to fall again in the later part of the decade with the Great Recession of 2008, which actually had its beginnings in the economic downturn of 2007. Again, academic libraries were the recipients of substantial amounts of gifts and grants from the private philanthropic sector, but they continued to struggle to maintain services as allocations from their parent institution became smaller and librarians again had to ...

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