The IMSc maths group came up with the following admirable resolutions.
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IMSc requires its members to make available their work (when it reaches definitive form) on the IMSc website; this website will remain open access.
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IMSc encourages its members to post their work in definitive form on an open access web space of high visibility (eg. the arXiv). This is because the world at large may not be aware of the IMSc website.
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IMSc encourages its members to publish their work in open access/ low-cost journals.
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IMSc encourages its members to help in the creation, edit- ing and refereeing of open access/ low-cost journals.
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IMSc emphasizes content over location when evaluating publications for purposes of hiring/promotions.
Let us see how well we can follow them!