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This paper discusses the management of library collections of electronic information resources within the classical theoretical framework of collection development and management. The first section provides an overview of electronic information resources, including bibliographic databases, electronic journals, journal aggregation services, and Internet resources. The importance of a collections development policy is addressed in the second section, including the elements of selection, collection management, and collection evaluation. The next section considers the information technology (IT) infrastructure, and access issues, including user interfaces, training and support, copyright, licensing, authentication/authorization, and archiving/preservation. The fifth section discusses finance, including budgeting, consortia purchasing, and pricing. The final section deals with the future as it relates to libraries and the provision of electronic information resources. (Contains 47 references.) (MES)