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This article analyses the Singapore government's recent attempt to make Singapore a 'Global Schoolhouse' by transforming its tertiary education sector. It examines the government's attempt to promote greater diversity and autonomy in the tertiary education landscape; it also examines the government's systems of state funding and accountability for the tertiary education sector. The article utilises a policy analysis approach to examine the development of the 'Global Schoolhouse' in Singapore. In particular, it examines a case study of the setting up and subsequent sudden pull-out of the University of New South Wales Asia (UNSW Asia) to highlight the increasing challenge faced by the government in this undertaking. Despite the government's promotion of greater diversity and autonomy in the tertiary education landscape, the government maintains centralised control through systems of accountability to, and funding from, the state. The case study of UNSW Asia shows that it is a paradoxical challenge for the government to engineer a tertiary education 'market economy' with private foreign players while maintaining centralised control over the achievement of its strategic agenda within its stipulated time frame. The study serves as a mirror to other developing countries in understanding the challenges in developing a 'Global Schoolhouse' while trying to maintain centralised control. [Author abstract, ed]

This paper traces attempts by two \"brand-name\" research universities to transnationalise: the US-based Johns Hopkins University, and the University of New South Wales from Australia. Both endeavours were located in, and supported by, Singapore, a city-state with knowledge economy aspirations. The paper explores the globalisation of the research university, and offers insights into the regimes of value that are being assembled in, and through knowledge economies. Both institutions examined in this study failed in their attempts ostensibly because of a lack of fit in goals and commitment. The paper also highlights the ethical issues that frame the globalizing rationalities of research-intensive universities and developmental states seeking competitive advantage in a neoliberalising environment. (HRK/Abstract übernommen).