Post-secondary education is a massive globalizing industry with a potential for growth that cannot be overestimated. By 2010 there will be 100 million people in the world, all fully qualified to proceed from secondary to tertiary education, but there will be no room left on any campus. A distinguished panel of scholars and educational administrators from the Americas, Asia, Europe, and the Pacific was asked to speak on the complexities of globalized higher education from their positions of concern and expertise and then engage in a dialogue. The result is this timely and important work. Throughout, contributors address a number of difficult questions: Do the processes of global capitalism fundamentally challenge the inherited forms of the University? How should the use and nature of markets be conceived and how are they related? What is the appropriate pedagogy for the new technologies and what are its limits? If growing participation in higher education is an overriding good, should this be conceived in terms of fulfilling human capacities, realizing national goals, or attaining employment skills?