There is a good new article in the Chronicle of Higher Education. It is about how libraries are innovative and collaboratively building collections for their patrons.
But in response [to the economy], librarians are doing more than tightening their belts. Some see the crisis as a chance to change the way they do business. It has spurred efforts to dream up ambitious solutions to big problems, such as collaborative storage networks that let libraries share the costs of housing valuable but burdensome print collections. The money pinch has also heightened the appeal of open-access content.
This is just a short blurb. The article goes into more detail about other collaborative efforts.