This comprehensive annual reviews new books and CD-ROMs for librarians. Part 1 contains four essays by prominent library and information professionals: (1) "Knowledge Management Opportunities for Libraries and Universities" (Martin Dillon); (2) "The Congress on Graduate Professional Education: Issues, Process, and Recommendations" (Ken Haycock); (3) "LIS Education: The New Dean's Perspective" (Ann E. Prentice); and (4) "Academic Libraries and Academic Computing: Recent Trends in a Changing Environment" (Paula Meise Strain and Ann E. Prentice). Part 2 presents 524 reviews of books and CD-ROMs in the following areas: general works; archives and manuscripts; automation in libraries; careers; cataloging and classification; children's and young adult literature; children's and young adult services; collection development and evaluation; college and research libraries; comparative and international librarianship; conservation and preservation; copyright and information policy; education for library and information science; educational technology; fundraising; history; indexing and abstracting; information science; information seeking and user needs; information systems and applications; intellectual freedom and censorship; Internet and telecommunications; libraries and librarians in society; library architecture, buildings, and facilities; library orientation and bibliographic instruction; literacy; management; nonbook materials; periodicals and serials; public libraries; public relations; publishing; reference services; resource sharing; school library media centers; services to special users; special libraries and collection; and technical services. Part 3 provides 34 reviews of periodicals, and Part 4 is a list of doctoral dissertations in library and information studies--identification, documentation, and analysis, 1997-98. (MES)