Discussions on globalization now routinely focus on the economic impact of developing countries in Asia, Africa, the Middle East, the former Soviet Union and Latin America. Only twenty-five years ago, many developing countries were largely closed societies. Today, the growing power of "emerging markets" is reordering the geopolitical landscape. On a purchasing power parity basis, emerging economies now constitute half of the world's economic activity. Financial markets too are seeing growing integration: Asia now accounts for 1/3 of world stock markets, more than double that of just 15 years ago. Given current trajectories, most economists predict that China and India alone will account for half of global output by 2050 (almost a complete return to their positions prior to the Industrial Revolution). How is higher education shaping and being shaped by these massive tectonic shifts? As education rises as a geopolitical priority, it has converged with discussions on economic policy and a global labor market. As part of the Routledge Studies in Emerging Societies series, this edited collection focuses on the globalization of higher education, particularly the increasing symbiosis between advanced and developing countries. Bringing together senior scholars, journalists, and practitioners from around the world, this collection explores the relatively new and changing higher education landscape.

Foreword: The Future of Global Education Parag Khanna Introduction: Higher Education in the Global Age Daniel Araya and Peter Marber Section One: Mapping Higher Education 1. Higher Education and Emerging Markets: Opportunity, Anxiety and Unintended Consequences Amid Globalization Peter Marber 2. Why Should We Care About Global Higher Education? Ben Wildavsky 3. Bologna Trionfante?: The Global Influence of Europe's Higher Education Agenda Paul L. Gaston 4. Higher Education Competition and Regional Networks in Russia and Central Eurasia Mark Johnson 5. Emerging Higher Education in the Post-Confucian Heritage Zone Simon Marginson 6. The China Conundrum Tom Bartlett and Karin Fischer 7. Privatisation and Policy Shifts: The Changing Nature of Private Education Provision in India Judith Guy 8. Inside African Private Higher Education Louise Morley 9. Globalising and Regionalising Higher Education in Latin America: Locating Brazil in Multiscalar Projects and Politics Alfredo M. Gomes, Susan L. Robertson and Roger Dale 10. Will For-Profit Universities Solve the Access Problem in Mexican Higher Education? Normando Bezerra, Claudia Massei, Nils Schulze-Halberg and Tyler Stypinski Section Two: Policy, Practice and Promise 11. Towards Post-Industrial Education: State Capitalism and China Daniel Araya 12. Educating for the Creative Economy in Emerging Countries: Challenges and Strategies Corrine van Beilen and Greg Hearn 13. Can Oil Generate Creativity? A Look at Qatar and the United Arab Emirates Kevin Stolarick and Loulia Kouchaji 14. Striving for "World Class Excellence": Rankings and Emerging Societies Ellen Hazelkorn 15. Anchoring Effects in World University Rankings: Exploring Biases in Reputation Scores Nicholas A. Bowman and Michael N. Bastedo 16. The Role of Tuition Fees in the Spread of Higher Education Around the Globe Jennifer A. Delaney and Patricia Yu 17. A Buyers' Guide to Branch Campuses? Alan Ruby and Adriana Jaramillo