Govenrment and Business Environment Case Study

Exit of Foreign Universities: Can Singapore Still be the Education Hub?

OR

Abstract:
In 2006-2007, Singapore had seen three reputed foreign universities exiting their ventures from its place. Singapore, an island state, termed as a ‘benevolent dictator’ has shown miracles in transforming its underdeveloped economy status in the mid-1970s, to a developed economy within a span of two and a half decades. Its manufacturing strength has been role setting and beyond excellence. The economy that was a predominantly manufacturing-driven diverted its focus towards knowledge-allied sectors by the mid-1990s. However, to its dismay the backbone of knowledge – educational institutions seem to have an inherent drawback. Despite a strong primary and tertiary educational system, Singapore’s wand is failing to prove its magic over the foreign higher educational institutions.

Pedagogical Objectives:

The case is structured to let the students analyse
• The critical success factors of nations as educational hubs
• A government’s role in promoting its nation as an educational hub
• The factors of students’ attraction towards educational destinations.

Keywords : Singapore, Lee Kuan Yew, Goh Chok Tong, Lee Hsien Loong, Foreign Universities, Economic Development Board, Thinking Schools, Government and Business Environment Case Study, Global School house, International Enterprise, Boston of East