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This paper reports on the extent to which higher education institutions in the UK have set up central funds and similar institutionally co-ordinated approaches to the payment of open access article-processing charges. It presents data demonstrating that central funds have only been set up by a minority of institutions and that the number of institutions has not changed significantly between 2009 and 2011. It then explores the barriers to the establishment of such funds and discusses recent developments that might lower these barriers. Finally, it provides a case study of the development of the central fund at the University of Nottingham in the UK and considers the sustainability of such an approach. [ABSTRACT FROM AUTHOR]

This paper reports on a study - overseen by representatives of the publishing, library, and research funder communities in the UK - investigating the drivers, costs, and benefits of potential ways to increase access to scholarly journals. It identifies five different but realistic scenarios for moving towards that end over the next five years, including gold and green open access, moves towards national licensing, publisher-led delayed open access, and transactional models. It then compares and evaluates the benefits as well as the costs and risks for the UK. The scenarios, and the modelling on which they are based, amount to a benefit-cost analysis to help in appraising policy options. Our conclusion is that policymakers should encourage the use of existing subject and institutional repositories, but avoid pushing for reductions in embargo periods, which might put at risk the sustainability of the underlying scholarly publishing system. They should also promote and facilitate a transition to gold open access, while seeking to ensure that the average level of publication fees does not exceed c.?2.000; that the rate in the UK of open access publication is broadly in step with the rest of the world; and that total payments to publishers from UK universities do not rise as a consequence. [ABSTRACT FROM AUTHOR]