ABSTRACT
Being two major East Asian Tiger economies, Hong Kong and Singapore are very keen to position themselves as world cities in East Asia. As such, they have been improving and reforming their higher education systems in order to establish themselves as regional hubs of higher education. The major objectives of this chapter are to analyse how governments in Hong Kong and Singapore have adopted indirect policy instruments along the line of ‘corporatization’ to reform higher education governance and to discuss policy implications when more pro-competition policy instruments are adopted. This chapter will examine whether these ‘state-guided’ regimes are no longer relevant, particularly when ‘liberalizing and marketizing trends’ are more globally driving their policy instruments.
