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5 - No regrets; just lessons: economic crisis is changing our life and the management of libraries

Published online by Cambridge University Press:  08 June 2018

Petros A. Kostagiolas
Affiliation:
Assistant Professor of Information Services Management in the Department of Archives, Library Science and Museology, Faculty of Information Science and Informatics at Ionian University, Corfu, Greece
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Summary

Introduction: library management and the global economic crisis

This chapter attempts to take a global, or at least a European, look at the effects of the economic crisis on the dominant, market-driven approaches to library management and at the underlying socio-economic aspects of that crisis. Throughout history, library administrators and managers have certainly demonstrated an active interest in socioeconomic and technological change and crisis. The risks and threats posed to libraries and library collections are typically related to natural causes (earthquakes, floods, etc.) and to human-related disasters (epidemics and wars, terrorism, etc.) resulting from political and social instability. Economic crises, however, have deep philosophical roots, are difficult to predict and even harder to understand (Greene and McMenemy, 2012). This is so in the case of the global economic crisis of 2008, which hit not only libraries but also their dominant underlying library management principles with full force. Indeed, although a number of studies are available (see Kostagiolas et al., 2013, for a review) on the effects of economic crisis on library services and their operations, very few, if any, actually deal with the impact of economic crisis on the library management paradigm itself. Lessons can be learned from the current economic crisis in terms of the role and the socioeconomic positioning of libraries, and obviously the ‘proper’ after-crisis library management still needs to be detailed, elaborated and analysed.

This chapter offers a contribution to discussions on the reassessment of the underlying values of library and information services management in the face of economic crisis. This management notion should aim to guide and actually prepare libraries to respond in financially straitened times. For the present analysis, it is not considered necessary to provide detailed definitions of economic (or fiscal) crises or even to detail the literature on the causes of the different types of crises. However, everyone dealing with library management will agree that a deep economic recession can bring about catastrophic socio-economic events that may cause shock to libraries. For example, public library administration will be in a distressed condition when state funding is reduced by 80% in three fiscal years and staffing levels are dramatically reduced.

Type
Chapter
Information
Library Management in Disruptive Times
Skills and knowledge for an uncertain future
, pp. 65 - 84
Publisher: Facet
Print publication year: 2015

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